Fortune Brands Guides FY Outlook Above Street View

While reporting its results for the fourth quarter on Wednesday, Fortune Brands Home & Security, Inc. (FBHS) initiated an outlook for the full year 2022.

The company said it expects to continue outperforming a fundamentally strong housing market.

The company expects full-year 2022 sales growth in the range of 5.5 percent to 7.5 percent and adjusted earnings of $6.35 to $6.55 per share. Analysts polled by Thomson Reuters currently estimate earnings of $6.31 per share revenue growth of 5.70%.

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