Franklin Electric Co Inc (FELE) released a profit for its second quarter that Increases, from last year and beat the Street estimates.
The company's bottom line totaled $60.14 million, or $1.31 per share. This compares with $59.10 million, or $1.26 per share, last year.
Analysts on average had expected the company to earn $1.29 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.1% to $587.43 million from $543.26 million last year.
Franklin Electric Co Inc earnings at a glance (GAAP) :
-Earnings: $60.14 Mln. vs. $59.10 Mln. last year.-EPS: $1.31 vs. $1.26 last year.-Revenue: $587.43 Mln vs. $543.26 Mln last year.
-Guidance:Full year EPS guidance: $3.95 - $4.25Full year revenue guidance: $2.09 - $2.15 Bln
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.