Reflecting On Home Construction Materials Stocks’ Q1 Earnings: Fortune Brands (NYSE:FBIN)
This article analyzes the Q1 earnings of Fortune Brands (NYSE:FBIN) and other home construction materials companies, noting a strong quarter for the sector as a whole despite subsequent share price declines. Fortune Brands' revenue was in line with expectations, but its operating income beat estimates, while Simpson (NYSE:SSD) and Trex (NYSE:TREX) delivered strong revenue and EBITDA beats. Griffon (NYSE:GFF) had weaker forward guidance, and Gibraltar (NASDAQ:ROCK) showed the fastest revenue growth.
https://stockstory.org/us/stocks/nyse/fbin/news/earnings/reflecting-on-home-construction-materials-stocks-q1-earnings-fortune-brands-nysefbin