Franklin Electric Co Inc reports results for the quarter ended June 30 - Earnings Summary
Franklin Electric Co Inc reports results for the quarter ended June 30 - Earnings Summary
Franklin Electric Co Inc FELE.OQ reported quarterly adjusted earnings of $1.55 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.31. The mean expectation of five analysts for the quarter was for earnings of $1.44 per share. Wall Street expected results to range from $1.39 to $1.47 per share.
Revenue rose 6% to $622.88 million from a year ago; analysts expected $605.95 million.
Franklin Electric Co Inc's reported EPS for the quarter was $1.46.
The company reported quarterly net income of $65.74 million.
Franklin Electric Co Inc shares had fallen by 1.6% this quarter and gained 10.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
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 $116.50, about 9.5% above its last closing price of $105.43
This summary was machine generated from LSEG data July 28 at 01:59 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 |
Jun. 30 2026 | 1.44 | 1.55 | Beat |
Mar. 31 2026 | 0.76 | 0.77 | Beat |
Dec. 31 2025 | 0.88 | 0.87 | Missed |
Sep. 30 2025 | 1.30 | 1.30 | Met |
Recent news on FRANKLIN ELECTRIC
See all newsBrief: Luciana Amaro Joins FRANKLIN ELECTRIC As Chief Human Resources Officer
Franklin Electric Co Inc reports results for the quarter ended June 30 - Earnings Summary
Franklin Electric beats Q2 sales estimates, lifts FY outlook
Franklin Electric Q1 sales beat estimates on higher volumes; backs FY outlook
Brief: Franklin Electric Q1 EPS USD 0.77