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

FRANKLIN ELECTRIC

26/04/2022 15:30

* Franklin Electric Co Inc  FELE.OQ  reported quarterly
adjusted
earnings of 64 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 63 cents per share.
    * Revenue rose 35.6% to $451.47 million from a year ago; 
analysts
expected $424.62 million. 
    * Franklin Electric Co Inc's reported EPS for the quarter
was 63
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Franklin Electric Co Inc shares had fallen by 3.6% this
quarter and lost 15.4% so far this year.
    * The company reported quarterly net income of $29.77
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 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 26 at 02:30 p.m.  ​All
figures in US dollars unless otherwise stated