Brief: Franklin Electric Posts Q4 GAAP Earnings Per Share Of $0.42

FRANKLIN ELECTRIC

18/02/2020 13:53

Feb 18 (Reuters) - Franklin Electric Co Inc  FELE.O :
    * FRANKLIN ELECTRIC REPORTS FOURTH QUARTER 2019 SALES AND
EARNINGS
    * Q4 GAAP EARNINGS PER SHARE $0.42
    * Q4 SALES $320.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$321.6
MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.51 -- REFINITIV IBES
DATA
    * SEES FY 2020 EARNINGS PER SHARE $2.25 TO $2.35 EXCLUDING
ITEMS
    * Q4 EARNINGS PER SHARE $0.43 EXCLUDING ITEMS
    * FY2020 EARNINGS PER SHARE VIEW $2.39 -- REFINITIV IBES
DATA
    * FRANKLIN ELECTRIC - ALTHOUGH FUELING SYSTEMS GLOBAL DEMAND
REMAINS ROBUST, EXPECT 2020 REVENUE IN SEGMENT TO BE FLAT DUE TO
A SIGNIFICANT DECLINE IN CHINA
    * FRANKLIN ELECTRIC - SEES FY2020 FREE CASH FLOW CONVERSION
OF NET
INCOME BETWEEN 120% AND 140%

Source text for Eikon:  ID:nGNXbjC6CN 
Further company coverage:  FELE.O 

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