Franklin Electric Co Inc expected to post earnings of 80 cents a share - Earnings Preview

FRANKLIN ELECTRIC

23/07/2021 14:49

* Franklin Electric Co Inc  FELE.OQ   FELE.O  is expected
to show a rise in quarterly revenue when it reports results on
July 27. 
* The Fort Wayne, Indiana-based company is expected to report 
 a 26.2% increase in revenue to $389.162 million from $308.28
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 80 cents per share. For the same quarter
last year, the company reported earnings of 54 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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 $93​, about 13.2% above​ its last closing
price of $80.71. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  0.42        0.45       0.54      Beat    20.7
 Mar.          0.19​       0.19       0.24      Beat    28​
 31​ 2020​                                              
 Dec. 31 2019  0.51        0.51       0.43      Missed  -16.1​
 Sep. 30 2019  0.71        0.71       0.73      Beat    3.4
 Jun. 30 2019  0.72        0.72       0.70      Missed  -3.3
 This summary was machine generated July 23 at 13:49 GMT.  All
figures in US dollars unless otherwise stated