Franklin Electric Q4 sales miss estimates

FRANKLIN ELECTRIC

17/02/2026 13:08

Overview

Water and energy systems producer's Q4 net sales rose 4% yr/yr but missed expectations

Q4 operating income increased 20% yr/yr, with operating margin of 10.2%

Company terminated US Pension Plan, incurring $54.9 mln pre-tax settlement charge

Outlook

Company expects full-year 2026 sales between $2.17 bln and $2.24 bln

Franklin Electric projects 2026 adjusted diluted EPS between $4.40 and $4.60

Company focuses on driving profitable growth and expanding margins

Result Drivers

PRICE REALIZATION AND ACQUISITIONS - Water Systems sales growth driven by price realization and acquisitions

HIGHER VOLUMES - Distribution and Energy Systems segments saw sales increases due to higher volumes

STRATEGIC INITIATIVES - Co attributed full year growth to effective pricing, transformation initiatives, and strategic investments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$506.90 mln
$516.17 mln (5 Analysts)
Q4 EPS
$0.87
Q4 Operating income
$51.60 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Franklin Electric Co Inc is $113.50, about 4.2% above its February 13 closing price of $108.94

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nGNX57GDGW

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)