Pump maker Franklin Electric's Q2 sales rise 8%, beat estimates

FRANKLIN ELECTRIC

29/07/2025 13:08

Overview

Franklin Electric fiscal Q2 net sales rise 8%, beating analyst expectations

Operating income for fiscal Q2 grows 11%

Company maintains full-year 2025 sales guidance

Outlook

Company maintains full-year 2025 sales guidance of $2.09 bln to $2.15 bln

Franklin Electric expects full-year 2025 EPS of $3.95 to $4.25

Company to terminate US Pension Plan in Q3, impacting EPS by $1.00

Franklin Electric cites healthy backlog and positive order trends for 2025

Result Drivers

ACQUISITIONS AND VOLUME - Water Systems segment growth driven by acquisitions and volume increases, partially offset by foreign currency impact

PRICE REALIZATION - Energy Systems segment sales boosted by price realization and higher volumes

PRODUCTIVITY INITIATIVES - Improved operating margins attributed to effective pricing and productivity strategies

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$587.40 mln
$566.70 mln (5 Analysts)
Q2 EPS
$1.31
Q2 Operating income
$88.10 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 $105.00, about 11.1% above its July 28 closing price of $93.39

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nGNX9H5cWm

(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.)