Fortune Brands Q2 Profit Rises, Lifts FY13 Outlook - Quick Facts

(RTTNews) - Fortune Brands Home & Security, Inc. (FBHS) Wednesday said second-quarter earnings attributable to the company increased to $64.0 million or $0.37 per share from $47.8 million or $0.29 per share in the same period last year.

Operating income for the quarter was $107.2 million or $0.41 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.39 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $1.04 billion, up 11.2 percent to $935.3 million last year. Analysts expected revenues of $1.04 billion.

Looking ahead, the company currently projects full-year earnings in the range of $1.35 to $1.43 per share, with revenue growth between 13 percent and 15 percent. This compares to the previous outlook range of $1.23 to $1.33 per share. Analysts currently expect full-year earnings of $1.36 per share.