Franklin Electric Co Inc reports results for the quarter ended December 31 - Earnings Summary

FRANKLIN ELECTRIC

18/02/2025 14:01

* Franklin Electric Co Inc  FELE.OQ  reported quarterly
adjusted
earnings of 72 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 83 cents.  The mean expectation of five analysts
for the quarter was for earnings of 66 cents per share. Wall
Street expected results to range from 55 cents to 72 cents per
share.
    * Revenue rose 2.7% to $485.75 million from a year ago;
analysts
expected $469.21 million. 
    * Franklin Electric Co Inc's reported EPS for the quarter
was 72
cents​.
    * The company reported quarterly net income of $33.66
million.
    * Franklin Electric Co Inc shares had risen by 2.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Franklin Electric
Co Inc is $102.00 
This summary was machine generated from LSEG data February 18 at
02:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.66           0.72           Beat
 Sep. 30 2024      1.27           1.17           Missed
 Jun. 30 2024      1.32           1.26           Missed
 Mar. 31 2024      0.74           0.70           Missed