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

FRANKLIN ELECTRIC

27/10/2021 08:30

* Franklin Electric Co Inc  FELE.OQ  reported quarterly adjusted
earnings of 98 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 90 cents per share.
* Revenue rose 30.7% to $459.02 million from a year ago; 
analysts expected $432.60 million. 
* Franklin Electric Co Inc's reported EPS for the quarter was 98
cents​.
* The mean earnings estimate of analysts had fallen by
about 2.2% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Franklin Electric Co Inc shares had risen by 8.5% this
quarter and gained 25.2% so far this year.
* The company reported quarterly net income of $46.17 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 October 27 at 07:29 a.m.
 ​All figures in US dollars unless otherwise stated