Franklin Electric Co Inc expected to post earnings of $1.25 a share - Earnings Preview

FRANKLIN ELECTRIC

21/10/2022 16:27

* Franklin Electric Co Inc  FELE.OQ   FELE.O  is expected
to show
a rise in quarterly revenue when it reports  results on October
25. 
    * The Fort Wayne Indiana-based  company is expected to
report  a
19.9% increase in revenue to $550.262 million from $459.02
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Franklin Electric
Co Inc
is for earnings of $1.25 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Franklin
Electric
Co Inc is $89​, above​ its last closing price of $82.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.06        1.06       1.26      Beat    19.1
 Mar. 31 2022  0.64        0.63       0.64      Beat    1.7
 Dec. 31 2021  0.64        0.63       0.86      Beat    36​
 Sep. 30 2021  0.89        0.90       0.98      Beat    9.3
 ​​Jun.        0.80        0.80       0.83      Beat    3.4
 30 2021                                                
 Mar. 31 2021  0.39        0.37       0.59      Beat    61.6​
 Dec. 31 2020  0.52        0.52       0.57      Beat    9.6
 Sep. 30 2020  0.64        0.63       0.83      Beat    31.2
 This summary was machine generated October 21 at 15:27 GMT.  All
figures in US dollars  unless otherwise stated