Fortune Brands Innovations Inc

FBIN: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$81.00	Smbkngq	Tzscsdr

Fortune Brands Earnings: No Surprises in First-Quarter Results; 2024 Guidance Maintained

Brian Bernard

May 1, 2024

We've maintained our $82 per share fair value estimate for shares of Fortune Brands Innovations following the firm's first-quarter earnings release. The narrow-moat-rated building products manufacturer is on track to meet our 2024 financial projections, and our long-term thesis is unchanged.

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