Latest news with #Lennox
Yahoo
6 hours ago
- Business
- Yahoo
Earnings To Watch: Fortune Brands (FBIN) Reports Q2 Results Tomorrow
Home and security products company Fortune Brands (NYSE:FBIN) will be reporting results this Thursday afternoon. Here's what to look for. Fortune Brands missed analysts' revenue expectations by 2.8% last quarter, reporting revenues of $1.03 billion, down 6.9% year on year. It was a softer quarter for the company, with a miss of analysts' organic revenue estimates and a slight miss of analysts' EBITDA estimates. Is Fortune Brands a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Fortune Brands's revenue to decline 3.4% year on year to $1.20 billion, a reversal from the 6.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.97 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Fortune Brands has missed Wall Street's revenue estimates six times over the last two years. Looking at Fortune Brands's peers in the building products segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Simpson delivered year-on-year revenue growth of 5.7%, beating analysts' expectations by 5.3%, and Lennox reported revenues up 3.4%, topping estimates by 2.5%. Simpson traded up 10.7% following the results while Lennox was also up 7.2%. Read our full analysis of Simpson's results here and Lennox's results here. There has been positive sentiment among investors in the building products segment, with share prices up 5.5% on average over the last month. Fortune Brands is up 8.5% during the same time and is heading into earnings with an average analyst price target of $64.88 (compared to the current share price of $55.87). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
The Irish Sun
19 hours ago
- Sport
- The Irish Sun
Tragedy as legendary horse Trueshan dies at Goodwood after suffering serious injury
RACING has been plunged into mourning after the tragic death of legendary horse Trueshan. The iconic stayer was vying for the lead in the £500,000 Goodwood Cup when he injured his leg under jockey Hollie Doyle. 1 Trueshan, a millionaire horse and multiple Group 1 winner loved by punters and jockey Hollie Doyle, suffered a serious injury in the Goodwood Cup Credit: Alamy ITV Racing host Ed Chamberlin: "I just feel so sad about Trueshan." He later confirmed live on-air the horse had to be put down. Doyle tried to pull up the Alan King-trained nine-year-old as quickly as she could when she realised something had gone wrong. Trueshan, who has won more than £2million during the course of his career, was sent off 22-1 for the day one feature. He was typically keen and lit up in the early stages but Doyle, who won the Lennox earlier on the card aboard 25-1 Witness Stand, looked to be winning the battle to restrain him. But it was as he challenged leader Illinois that Trueshan, who has finished first, third and fourth in three Goodwood Cup runs, appeared to hurt his leg. An ambulance was called onto the track but the news everybody feared was sadly confirmed shortly after. This was the second race in succession the ambulance had been called into action. Most read in Horse Racing Kinross, who was vying for favouritism at the head of the betting for the Lennox, was kicked by Audience just moments before the off. He appeared to be bleeding and was quickly pulled from the race. Trueshan had won 16 of his 34 career races - although his most recent was a Listed contest at Sandown over a year ago. More to follow. FREE BETS - GET THE BEST SIGN UP DEALS AND RACING OFFERS Commercial content notice: Taking one of the offers featured in this article may result in a payment to The Sun. You should be aware brands pay fees to appear in the highest placements on the page. 18+. T&Cs apply. . Remember to gamble responsibly A responsible gambler is someone who: Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chases their losses Doesn't gamble if they're upset, angry or depressed Gamcare – Gamble Aware – Find our detailed guide on responsible gambling practices here.
Scottish Sun
20 hours ago
- Sport
- Scottish Sun
Ambulance on track after legendary horse Trueshan suffers injury in Goodwood Cup
He was quickly pulled up PRAY FOR GOOD NEWS Ambulance on track after legendary horse Trueshan suffers injury in Goodwood Cup Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) AN AMBULANCE is on the track at Goodwood after legendary horse Trueshan suffered an injury. The iconic stayer was vying for the lead when he looked to injure his leg under jockey Hollie Doyle. Sign up for Scottish Sun newsletter Sign up 1 Trueshan, a millionaire horse and multiple Group 1 winner loved by punters and jockey Hollie Doyle, looked to suffer a serious injury in the Goodwood Cup Credit: Alamy ITV Racing host Ed Chamberlin: "I just feel so sad about Trueshan. I hope he's OK." It didn't look good, however. Doyle tried to pull up the Alan King-trained nine-year-old as quickly as she could when she realised something had gone wrong. Trueshan, who has won more than £2million during the course of his career, was sent off 22-1 for the day one feature. He was typically keen and lit up in the early stages but Doyle, who won the Lennox earlier on the card, looked to be winning the battle to restrain him. But it was as he challenged leader Illinois that Trueshan, who has finished first, third and fourth in three Goodwood Cup runs, appeared to hurt his leg. More to follow. FREE BETS - GET THE BEST SIGN UP DEALS AND RACING OFFERS Commercial content notice: Taking one of the offers featured in this article may result in a payment to The Sun. You should be aware brands pay fees to appear in the highest placements on the page. 18+. T&Cs apply. Remember to gamble responsibly A responsible gambler is someone who: Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chases their losses Doesn't gamble if they're upset, angry or depressed Gamcare – Gamble Aware – Find our detailed guide on responsible gambling practices here.
The Sun
20 hours ago
- Sport
- The Sun
Ambulance on track after legendary horse Trueshan suffers injury in Goodwood Cup
PRAY FOR GOOD NEWS He was quickly pulled up AN AMBULANCE is on the track at Goodwood after legendary horse Trueshan suffered an injury. The iconic stayer was vying for the lead when he looked to injure his leg under jockey Hollie Doyle. ITV Racing host Ed Chamberlin: "I just feel so sad about Trueshan. I hope he's OK." It didn't look good, however. Doyle tried to pull up the Alan King-trained nine-year-old as quickly as she could when she realised something had gone wrong. Trueshan, who has won more than £2million during the course of his career, was sent off 22-1 for the day one feature. He was typically keen and lit up in the early stages but Doyle, who won the Lennox earlier on the card, looked to be winning the battle to restrain him. But it was as he challenged leader Illinois that Trueshan, who has finished first, third and fourth in three Goodwood Cup runs, appeared to hurt his leg. More to follow. Remember to gamble responsibly A responsible gambler is someone who:
The Irish Sun
2 days ago
- Sport
- The Irish Sun
Frankie Dettori got on well with this old boy and I'm backing him at 4-1 to score on day one of Goodwood
YOUTH is a gift of nature while age is a work of art. That's certainly the case at Goodwood on Tuesday as the Glorious five-day meeting gets under way live on ITV. 1 Matt Chapman is backing Kinross to do the business once more on day one of Goodwood Credit: PA The new kid on the block – can they touch this!? – is three-year-old Scandinavia who goes in the Group 1 Al Shaqab Goodwood Cup over two miles. But painting a pretty picture once again is veteran Kinross, back for more in the Group 2 HKJC World Pool Lennox Stakes over seven furlongs. Ralph Beckett's two-time Group 1 hero has Lennox form figures of 1213 in four previous tries. It's hard not to love Goodwood on the Sussex Downs, and while there might be some rain today most of the week looks set for decent weather. Scandinavia's Aidan O'Brien-trained stable companion Illinois is likely to start a hot favourite for the Goodwood Cup. And the Ascot Gold Cup runner-up faces some familiar names in Normandie Stud's terrific Sweet William and former St Leger third Sunway. Less exposed, though, is French Master, now owned by Wathnan but once running in the same silks as Sweet William. French Master is fascinating. Most read in Horse Racing Even more exciting could be SCANDINAVIA . He had a bad trip in the Queen's Vase at Royal Ascot but with cheekpieces looked really good in a St Leger trial, the Bahrain Trophy, at Newmarket last time. Ryan Moore has ditched him for Illinois, but I suspect Wayne Lordan will be in for a good spin. Eight-year-old KINROSS is not as good as he once was, and a mark of 116 is proof. He has been rated 119. But what it also shows is that he's still very capable as we all saw when he chased home Ten Bob Tony on seasonal debut at Haydock under a 5lb penalty. I'd expect him to improve past that race fit rival today. Coverage on ITV starts with a handicap over 1m2f. TONY MONTANA has the ability to go close in a race like this and gets a decent draw in stall 6 so he is the each-way selection. David Egan rides for Michael Bell on a horse who has finished second at Goodwood and York this term off a mark of 94 and 96. He was up to 99 when cheekpieces were added for the Hunt Cup over 1m but is back down to 98 now over the trip that suits. Third in this race when rated 94 and staying on well, he certainly has place claims. In the Group 2 Coral Vintage Stakes for juveniles over 7f I like ANDAB each-way for Dylan Browne McMonagle and Joseph O'Brien. The key to this horse is the step up in distance. The son of Saxon Warrior was a decent third in the Marble Hill before a fine fourth (Do Or Do Not in second) in the Coventry at Royal Ascot. He was powering home that day and I really think he's a different prospect at this trip. Coverage concludes with a handicap over 5f. SHAGRAAN is drawn around pace and he's in a good position to track and pounce. Ultimately he might be in the grip of the handicapper, but he beat 15 rivals over course and distance last year and has been consistent this season including when fourth to American Affair in a big field at York off 101. He remains on that mark for the fourth time in a row here. A few quid each-way for Tom Marquand and Mick Appleby. FREE BETS - GET THE BEST SIGN UP DEALS AND RACING OFFERS Commercial content notice: Taking one of the offers featured in this article may result in a payment to The Sun. You should be aware brands pay fees to appear in the highest placements on the page. 18+. T&Cs apply. . Remember to gamble responsibly A responsible gambler is someone who: Read more on the Irish Sun Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chases their losses Doesn't gamble if they're upset, angry or depressed Gamcare – Gamble Aware – Find our detailed guide on responsible gambling practices here.
