Fortune Brands Home & Security, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported net sales of $1,348.6 million compared to $1,279.0 million a year ago. Operating income was $201.8 million compared to $183.1 million a year ago. Income from continuing operations before income taxes was $189.4 million compared to $170.7 million a year ago. Income from continuing operations, net of tax was $129.6 million compared to $121.9 million a year ago. Net income attributable to company was $129.5 million compared to $123.4 million a year ago. Diluted net income per share was $0.83 compared to $0.77 a year ago.

For the nine months, the company reported net sales were $3,900.8 million compared to $3,683.3 million a year ago. Operating income was $529.1 million compared to $466.3 million a year ago. Income from continuing operations before income taxes was $492.4 million compared to $428.9 million a year ago. Income from continuing operations, net of tax was $347.3 million compared to $308.0 million a year ago. Net income attributable to company was $344.6 million compared to $309.5 million a year ago. Diluted net income per share was $2.22 compared to $1.95 a year ago. Net cash provided by operating activities was $352.6 million compared to $380.6 million a year ago. Capital expenditures were $95.5 million compared to $106.1 million a year ago. Free cash flow was $283.1 million compared to $301.6 million a year ago. Cash flow from operations was $352.6 million compared to $380.6 million a year ago.

For the full year, the company expects to generate free cash flow of approximately $450 million. Cash flow from operations is expected to be in range of $575.0 million and capital expenditures in range of $150.0 million to $155.0 million. For the full year, on a GAAP basis, the Company is targeting diluted EPS from continuing operations to be in the range of $2.99 to $3.04 per share. The Company's 2017 annual outlook continues to be based on a U.S. home products market growth assumption of 6% to 7% and an assumption of 5% to 6% growth for total global market. The Company now expects full-year 2017 sales growth in the range of 6% to 7%, which reflects the negative impact of hurricanes across the segments. The Company also narrowed its full-year 2017 EPS outlook before charges/gains to a range of $3.05 to $3.10, versus a prior range of $3.04 to $3.12.