Franklin Electric Reports Third Quarter 2024 Results
Franklin Electric Co., Inc. (FELE)
Last franklin electric co., inc. earnings: 4/28 08:00 am
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US:NASDAQ Investor Relations:
franklin-electric.com/company/investor-relations
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Source: GlobeNewswire
Third Quarter 2024 Highlights Consolidated net sales of $531.4 million, a decrease of 1% to the prior yearWater Systems and Distribution net sales increased 2% and 1%, respectively, while Fueling Systems net sales decreased 10%Operating income was $73.5 million with operating margin of 13.8%GAAP fully diluted earnings per share (EPS) was $1.17 FORT WAYNE, Ind., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its third quarter financial results for fiscal year 2024. Third quarter 2024 net sales were $531.4 million, compared to third quarter 2023 net sales of $538.4 million. Third quarter 2024 operating income was $73.5 million, compared to third quarter 2023 operating income of $78.1 million. Third quarter 2024 EPS was $1.17, versus EPS in the third quarter 2023 of $1.23. “Our third quarter results were softer than expected due to continued macro pressure from lower home sales and starts, along with weather being wetter than n
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News
- Franklin Electric (NASDAQ:FELE) sheds 3.7% this week, as yearly returns fall more in line with earnings growth [Yahoo! Finance]Yahoo! Finance
- Franklin Electric Co., Inc. Just Missed Earnings - But Analysts Have Updated Their Models [Yahoo! Finance]Yahoo! Finance
- Franklin Electric Co., Inc. (NASDAQ: FELE) had its price target lowered by analysts at Robert W. Baird from $107.00 to $105.00. They now have a "neutral" rating on the stock.MarketBeat
- Franklin Electric Declares Quarterly Dividend of $0.25 Per ShareGlobeNewswire
- Is Franklin Electric Co., Inc.'s (NASDAQ:FELE) Recent Stock Performance Tethered To Its Strong Fundamentals? [Yahoo! Finance]Yahoo! Finance
FELE
Earnings
- 10/29/24 - Miss
FELE
Sec Filings
- 11/14/24 - Form 4
- 11/12/24 - Form 8-K
- 11/7/24 - Form 4
- FELE's page on the SEC website