Earnings Preview: Fortune Brands

Published on Thursday, 29 July 2010 10:36 Written by Christian Paolinetti

New York, July 29th (TradersHuddle.com) - Shares of Fortune Brands, Inc. (NYSE:FO) are trading higher by +0.30% ahead of its quarterly earnings release. Fortune Brands, the holding company that offers a broad variety of wine, spirits, and golf products is expected to release its quarterly results on July 30^th.

Wall Street Analysts consensus calls for a profit of $0.77 a share on $1.8 billion revenue.

Fortune Brands estimates have a range of $0.12 a share. The high estimate calls for profit of $0.82 a share and the low estimate is calling for a profit of $0.7 a share, a year ago for the quarter the company reported $0.7 a share.

Fortune Brands, Inc. (NYSE:FO) is a holding company with operating companies that offers home and hardware products, produces wines and spirits, and offers golf products. The company offers various distilled spirits, including bourbon, tequila, Canadian whisky, scotch whisky, and cognacs under Jim Beam, Maker?s Mark, Sauza, Canadian Club, Laphroaig, and Courvoisier names.