Fortune Brands and GXO Logistics Issue Divergent FY26 Earnings Guidance
Key Facts
Fortune Brands Innovations lowered its FY26 adjusted EPS guidance to a range of $3.20 to $3.30. According to scanx.trade, the company revised its outlook downward from a previous range of $3.22 to $3.52, signaling potential headwinds for the fiscal year.
Conversely, GXO Logistics reaffirmed its FY26 adjusted EPS guidance of $2.95 to $3.15, aligning with market estimates. Regarding market performance, FBIN closed at $46.57 on November 2, 2026, while GXO closed at $52.12 on the same date.
Latest Updates · 1
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Update: Fortune Brands Innovations reported its Q3 2026 financial results on November 3, 2026, delivering an adjusted EPS that exceeded analyst expectations. However, the company's revenue for the quarter fell short of market estimates.