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

FRANKLIN ELECTRIC

15/02/2022 14:41

* Franklin Electric Co Inc  FELE.OQ  reported quarterly
adjusted
earnings of 86 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 63 cents per share.
    * Revenue rose 34.7% to $432.52 million from a year ago; 
analysts
expected $387.27 million. 
    * Franklin Electric Co Inc's reported EPS for the quarter
was 85
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Franklin Electric Co Inc shares had fallen by 10.5% this
quarter.
    * The company reported quarterly net income of $40.67
million.
    * Wall Street's median 12-month price target for Franklin
Electric
Co Inc is $94.00 
    * 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." 

This summary was machine generated February 15 at 02:41 p.m.
 ​All figures in US dollars unless otherwise stated