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

FRANKLIN ELECTRIC

28/04/2023 14:44

* Franklin Electric Co Inc  FELE.OQ   FELE.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 2. 
    * The Fort Wayne Indiana-based  company is expected to
report  a
5.5% increase in revenue to $476.082 million from $451.47
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Franklin Electric
Co Inc
is for earnings of 63 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $93​, above​ its last closing price of $89.66. ​​​

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 2022  0.93        0.93       0.84      Missed  -9.6
 Sep. 30 2022  1.24        1.25       1.26      Beat    0.7
 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.        0.64        0.63       0.86      Beat    36
 31 2021                                                
 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
 This summary was machine generated April 28 at 13:44 GMT.  All
figures in US dollars  unless otherwise stated