Brief: Franklin Electric Reports Third Quarter 2020 Sales And Earnings

FRANKLIN ELECTRIC

27/10/2020 12:28

Oct 27 (Reuters) - Franklin Electric Co Inc  FELE.O :
    * FRANKLIN ELECTRIC REPORTS THIRD QUARTER 2020 SALES AND
EARNINGS
    * Q3 GAAP EARNINGS PER SHARE $0.82
    * Q3 SALES $351.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$326.7
MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $0.63 -- REFINITIV IBES
DATA
    * SEES FY 2020 EARNINGS PER SHARE $2.10 TO $2.15 EXCLUDING
ITEMS
    * Q3 EARNINGS PER SHARE $0.83 EXCLUDING ITEMS
    * EXPECT OUR FREE CASH FLOW AS A PERCENT OF NET INCOME TO BE
OVER
170 PERCENT FOR FULL YEAR 2020.
    * BELIEVE FULL YEAR 2020 EARNINGS PER SHARE BEFORE
RESTRUCTURING
EXPENSES WILL BE BETWEEN $2.10 AND $2.15
    * FY2020 EARNINGS PER SHARE VIEW $1.89 -- REFINITIV IBES
DATA

Source text for Eikon:  ID:nGNX2y73fr 
Further company coverage:  FELE.O 

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