Franklin Electric Co Inc expected to post earnings of 63  cents a share - Earnings Preview

FRANKLIN ELECTRIC

22/04/2022 14:48

* Franklin Electric Co Inc  FELE.OQ   FELE.O  is expected
to show
a rise in quarterly revenue when it reports  results on April
26. 
    * The Fort Wayne Indiana-based  company is expected to
report  a
27.5% increase in revenue to $424.623 million from $333.05
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Franklin Electric
Co Inc
is for earnings of 63 cents per share. For the same quarter last
year, the company reported earnings of 59 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Franklin
Electric
Co Inc is $94​, above​ its last closing price of $81.51. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.64        0.63       0.86      Beat    36
 Sep. 30 2021  0.89        0.90       0.98      Beat    9.3
 Jun. 30 2021  0.80        0.80       0.83      Beat    3.4​
 Mar. 31 2021  0.39        0.37       0.59      Beat    61.6
 ​​Dec.        0.52        0.52       0.57      Beat    9.6
 31 2020                                                
 Sep. 30 2020  0.64        0.63       0.83      Beat    31.2​
 Jun. 30 2020  0.42        0.45       0.54      Beat    20.7
 Mar. 31 2020  0.19        0.19       0.24      Beat    28
 This summary was machine generated April 22 at 13:48 GMT.  All
figures in US dollars  unless otherwise stated