Ultime notizie per Fortune Brands (NYSE:FBIN) Azioni

Fortune Brands

Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company's $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.3 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $723 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.

Fortune Brands Innovations, Inc. Common Stock

Fortune Brands Innovations Inc

Green Dot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDOT#NYSE">GDOT</a>) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.17 by 23.53 percent. The company reported quarterly sales of $406.019 million which beat the analyst consensus estimate of $392.579 million by 3.42 percent. This is a 16.48 percent increase over sales of $348.571 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

News

GDOT

Green Dot Q3 2024 Adj. EPS $0.13 Misses $0.17 Estimate, Sales $406.019M Beat $392.579M Estimate

Clearfield (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLFD#NASDAQ">CLFD</a>) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.19) by 68.42 percent. This is a 135.29 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $46.77 million which beat the analyst consensus estimate of $41.95 million by 11.49 percent. This is a 5.86 percent decrease over sales of $49.69 million the same period last year.

CLFD

Clearfield Q4 EPS $(0.06) Beats $(0.19) Estimate, Sales $46.77M Beat $41.95M Estimate

Ouster (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>) sees Q4 sales of $29.000 million-31.000 million vs $29.93 million estimate.

Guidance

OUST

Ouster Sees Q4 Sales $29.000M-31.000M vs $29.93M Est

AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is looking for Q4 Adj EPS of $0.18-0.19 vs $0.01 analyst estimate. sees sales of $9.700 million-9.800 million vs $9.47 million estimate.

AEYE

AudioEye Sees Q4 Adj EPS $0.18-0.19 vs $0.01 Est; Sees Sales $9.700M-9.800M vs $9.47M Est

Business Outlook
Gary Yu further commented, "For the fourth quarter of 2024, we expect revenue to be approximately $337 million, plus or minus 3 percent, representing a 3.7% sequential decrease at the mid-point, slightly better than typical seasonality. GAAP gross margin is expected to be 33.0 percent, plus or minus 1 percent. Non-GAAP operating expenses, which are GAAP operating expenses adjusted for amortization of acquisition-related intangible assets, are expected to be approximately 28.0 percent of revenue, plus or minus 1 percent. We expect net interest income to be approximately $2.5 million. Our income tax rate is expected to be 18.0 percent, plus or minus 3 percent, and shares used to calculate diluted EPS for the fourth quarter are anticipated to be approximately 46.7 million."
Amortization of acquisition-related intangible assets of $3.1 million, after tax, for previous acquisitions is not included in these non-GAAP estimates.

DIOD

Diodes Inc. Sees Q4 Revenue ~$337M +/- 3% Vs $351.74M Est.

AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) raises FY2024 Adj EPS guidance from $0.51-0.53 to $0.54-0.55 vs $(0.13) analyst estimate. Raises FY2024 sales outlook from $35.15 million-35.25 million to $35.20 million-35.30 million vs $34.93 million estimate.

AudioEye Raises FY2024 Adj EPS Guidance from $0.51-0.53 to $0.54-0.55 vs $(0.13) Est; Raises FY2024 Sales Guidance from $35.15M-35.25M to $35.20M-35.30M vs $34.93M Est

Lantern Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRN#NASDAQ">LTRN</a>) reported quarterly losses of $(0.42) per share which beat the analyst consensus estimate of $(0.56) by 25 percent.

LTRN

Lantern Pharma Q3 2024 GAAP EPS $(0.42) Beats $(0.56) Estimate

Upland Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPLD#NASDAQ">UPLD</a>) sees Q4 sales of $65.900 million-71.900 million vs $67.71 million estimate.

UPLD

Upland Software Sees Q4 Sales $65.900M-71.900M vs $67.71M Est

Dividends

VCTR

Victory Capital Holdings Increases Quarterly Cash Dividend From $0.41 To $0.44 Per Share

Tidewater (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDW#NYSE">TDW</a>) reported quarterly earnings of $0.87 per share which missed the analyst consensus estimate of $1.09 by 20.18 percent. This is a 77.55 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $340.40 million which missed the analyst consensus estimate of $345.55 million by 1.49 percent. This is a 13.75 percent increase over sales of $299.26 million the same period last year.

Tidewater Q3 EPS $0.87 Misses $1.09 Estimate, Sales $340.40M Miss $345.55M Estimate

Skye Bioscience (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYE#NASDAQ">SKYE</a>) reported quarterly losses of $(0.10) per share which beat the analyst consensus estimate of $(0.23) by 56.52 percent. This is a 96.85 percent increase over losses of $(3.17) per share from the same period last year.

SKYE

Skye Bioscience Q3 2024 GAAP EPS $(0.10) Beats $(0.23) Estimate

Victory Capital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCTR#NASDAQ">VCTR</a>) reported quarterly earnings of $1.35 per share which beat the analyst consensus estimate of $1.30 by 3.85 percent. The company reported quarterly sales of $225.60 million which beat the analyst consensus estimate of $224.31 million by 0.58 percent. This is a 7.59 percent increase over sales of $209.69 million the same period last year.

Victory Capital Holdings Q3 2024 Adj EPS $1.35 Beats $1.30 Estimate, Sales $225.60M Beat $224.31M Estimate

Consensus Cloud Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCSI#NASDAQ">CCSI</a>) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.29 by 1.55 percent. The company reported quarterly sales of $87.753 million which beat the analyst consensus estimate of $85.332 million by 2.84 percent. This is a 3.10 percent decrease over sales of $90.562 million the same period last year.

CCSI

Consensus Cloud Solutions Q3 2024 Adj. EPS $1.31 Beats $1.29 Estimate, Sales $87.753M Beat $85.332M Estimate

Q4 2024 Financial Outlook
For the fourth quarter of 2024, we expect total revenue to be in the range of $72 million to $76 million, of which approximately $11 million is expected to be tools revenue. We expect GAAP diluted EPS to be in the range of $(0.12) to $(0.06) and non-GAAP diluted EPS to be in the range of $(0.10) to $(0.04).
This outlook for non-GAAP diluted EPS excludes anticipated equity-based compensation expense of approximately $2.0 million. Non-GAAP diluted EPS should be considered in addition to, but not as a substitute for, our financial information presented in accordance with GAAP.

SKYT

SkyWater Technology Sees Q4 EPS $(0.10) - $(0.04) Vs $(0.03) Est.; Revenue $72M-$76M Vs $79.97M Est.

Airbnb Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) reported third-quarter financial results Thursday after the bell. Here&#8217;s a <a href="https://www.benzinga.com/pressreleases/24/11/n41823683/airbnb-announces-third-quarter-2024-results">rundown of the report</a>.
Q3 Earnings: Airbnb reported third-quarter revenue of $3.70 billion, missing the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $3.72 billion. The company reported third-quarter earnings of $2.13 per share, missing analyst estimates of $2.16 per share, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Total revenue was up 10% year-over-year. Gross booking value totaled $20.1 billion, up 10% year-over-year. Nights and Experiences booked came in at $122.8 million, up 8% year-over-year.
Airbnb said it generated $1.1 billion of free cash flow during the quarter. The company ended the quarter with $11.3 billion in cash, cash equivalents, short-term investments and&nbsp;restricted cash.
&#8220;Airbnb had a strong Q3. Nights and Experiences Booked accelerated throughout the quarter and into Q4, despite a softer start due to shorter booking lead times compared to 2023,&#8221; the company said in a letter to shareholders.
&#8220;Building on robust momentum in September, we are off to a great start in fourth quarter 2024. We are seeing strong demand trends in Q4 2024 across core and expansion markets for both long and short lead times.&#8221;
Check This Out: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41820744/9-stocks-to-watch-financial-sector-outshines-tech-in-2024-as-trump-trade-sparks-m-a">9 Stocks To Watch: Financial Sector Outshines Tech In 2024 As &#8216;Trump Trade&#8217; Sparks M&amp;A Optimism</a>
Outlook:&nbsp;Airbnb expects fourth-quarter revenue to be in the range of $2.39 billion to $2.44 billion. The company expects Nights and Experiences booked in the fourth quarter to be higher than in the third quarter. 
Airbnb anticipates full-year 2024 adjusted EBITDA margin of approximately 35.5% The company expects full-year free cash margin to be &#8220;several points above&#8221; adjusted EBITDA margins.
Airbnb executives will discuss the company&#8217;s quarterly results on a call with analysts and investors at 4:30 p.m. ET.
ABNB Price Action: <a href="https://www.benzinga.com/quote/ABNB" target="_blank" rel="noreferrer noopener">Airbnb shares</a> were down 2.08% in after-hours, trading at $142.50 at the time of publication Thursday, according to <a href="http://pro.benzinga.com" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41820253/fed-cuts-interest-rates-to-lowest-since-february-2023-sticks-to-data-driven-path"> • Fed Cuts Interest Rates To Lowest Since February 2023, Sticks To Data-Driven Path (CORRECTED)</a>
Photo: Shutterstock.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="&#x1f534;WATCH LIVE: Airbnb Q3 2024 Earnings Call &#x7C; $ABNB" width="500" height="281" src="https://www.youtube.com/embed/RR_D086agzA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>

Travel

After-Hours Center

Movers

General

ABNB

Airbnb Stock Down On Q3 Earnings: 'Building On Robust Momentum In September, We Are Off To A Great Start In Q4'

Collegium Pharmaceutical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLL#NASDAQ">COLL</a>) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.59 by 1.26 percent. This is a 20.15 percent increase over earnings of $1.34 per share from the same period last year. The company reported quarterly sales of $159.30 million which beat the analyst consensus estimate of $155.57 million by 2.40 percent. This is a 16.53 percent increase over sales of $136.71 million the same period last year.

COLL

Collegium Pharmaceutical Q3 Adj $1.61 Beats $1.59 Estimate, Sales $159.30M Beat $155.57M Estimate

Cutera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CUTR#NASDAQ">CUTR</a>) affirms FY2024 sales outlook from $140.00 million-145.00 million to $140.00 million-145.00 million.

CUTR

Cutera Affirms FY2024 Sales Guidance to $140.00M-145.00M  VS Est.141.53M

Porch Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCH#NASDAQ">PRCH</a>) lowers FY2024 sales outlook from $450.00 million-470.00 million to $440.00 million-455.00 million.

PRCH

Porch Group Lowers FY2024 Sales Guidance from $450.00M-470.00M to $440.00M-455.00M

BILL

BILL Holding Sees FY25 Adj. EPS $1.65-$1.83 Vs $1.55 Est.; $1.439B-$1.464B Vs $1.437B

Research Frontiers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REFR#NASDAQ">REFR</a>) reported $354.41 thousand in sales this quarter. This is a 115.91 percent increase over sales of $164.15 thousand the same period last year.

REFR

Research Frontiers Q3 Sales $354.41K Up From $164.15K YoY

Jefferies analyst Philip Ng maintained a Buy rating on Fortune Brands Innovations (FBIN – Research Report) today and set a price target of $111.00....

Fortune Brands Innovations (FBIN) Gets a Buy from Jefferies

Oakmark U.S. Large Value Strategy  Q3 2024 Commentary

BMO Capital raised the firm's price target on Fortune Brands Innovations (FBIN) to $95 from $84 and keeps a Market Perform rating on the shares as ...

Fortune Brands Innovations price target raised to $95 from $84 at BMO Capital

Reports Q3 revenue $1.16B, consensus $1.24B. "Our teams continued to execute in a very dynamic market. We again delivered margin expansion despite ...

Fortune Brands Innovations reports Q3 EPS $1.16, consensus $1.14

Fortune Brands Innovations Non-GAAP EPS of $1.16 beats by $0.02, revenue of $1.2B misses by $40M

Fortune Brands Innovations, Inc. (FBIN) Q3 2024 Earnings Call Transcript

Barclays analyst Matthew Bouley maintained a Buy rating on Fortune Brands Innovations (FBIN – Research Report) today and set a price target of $100...

Fortune Brands Innovations (FBIN) Receives a Rating Update from a Top Analyst

Analyst Rafe Jadrosich of Bank of America Securities reiterated a Sell rating on Fortune Brands Innovations (FBIN – Research Report), with a price ...

Sell Rating Maintained for Fortune Brands Innovations Amidst Revenue Challenges and High Valuation

Fortune Brands Innovations: Growth Should Recover In FY25

BofA lowered the firm's price target on Fortune Brands Innovations (FBIN) to $76 from $80 and keeps an Underperform rating on the shares. Fortune l...

Fortune Brands Innovations price target lowered to $76 from $80 at BofA

CBRE

CSCO

FBIN

GOOG

GOOGL

SCHW

Press Releases

Fortune Brands Declares Quarterly Dividend

Fortune Brands Delivers Solid Sales and Strong Margin Results in the Second Quarter; Updates Full Year Guidance

Commodities

Contracts

Moen Expands Two-Decade-Long Partnership with Meritage Homes as the Exclusive Plumbing Partner

Yale's "Secure Start" Program Helps Cover Renter Home Security Needs

Fortune Brands Sets Date for Third Quarter Earnings Announcement and Investor Conference Call

Moen and FORTNA Celebrate the Opening of New North Las Vegas Greenfield Distribution Center

Larson Unveils Two New, Innovative Products This Fall

Frontdoor, Inc. Expands Agreement With Moen to 7 Additional States

Fortune Brands Significantly Expands Margin in the Third Quarter; Executes on Focused Set of Strategic Priorities Amidst a Challenging Environment

FTDR

AAON

Allegion

A.O. Smith

Armstrong World Industries Inc Common Stock

Armstrong World Indus

The AZEK Company Inc. Class A Common Stock

AZEK Co

Builders FirstSource

Carrier Global

Carlisle Companies Incorporated Common Stock

Carlisle Companies

CSW Industrials

Griffon

Hayward Holdings

Johnson Controls International plc Ordinary Share

Johnson Controls Intl

Lennox Intl

Masco

MasterBrand

Owens-Corning

Resideo Technologies

Simpson Manufacturing Company, Inc. Common Stock

Simpson Manufacturing Co

Tecnoglass

Trex Co

Trane Technologies

UFP Industries

Advanced Drainage Systems, Inc. Common Stock

Advanced Drainage Systems

Zurn Elkay Water Solutions Corporation Common Stock

Zurn Elkay Water

Baird

Truist Securities

Evercore ISI Group

BMO Capital

WIIM

Fortune Brands shares are trading lower after the company reported worse-than-expected Q3 revenue results and cut its FY24 guidance. Multiple firms lowered their respective price targets on the stock.

Comments

Fortune Brands

Notizie

Ultime notizie per Fortune Brands (NYSE:FBIN) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO