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Stock impact report

Franklin Electric Co., Inc. Just Missed Earnings - But Analysts Have Updated Their Models [Yahoo! Finance]

Franklin Electric Co., Inc. (FELE) 
Last franklin electric co., inc. earnings: 4/28 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Results look to have been somewhat negative - revenue fell 3.6% short of analyst estimates at US$531m, and statutory earnings of US$1.17 per share missed forecasts by 7.0%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Franklin Electric after the latest results. See our latest analysis for Franklin Electric Taking into account the latest results, the most recent consensus for Franklin Electric from four analysts is for revenues of US$2.09b in 2025. If met, it would imply a modest 4.2% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to increase 8.3% to US$4.37. Before this earnings report, the analysts had been forecasting revenues of US$2.17b and earni Show less Read more
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