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Franklin Electric (NASDAQ:FELE – Get Free Report) updated its FY24 earnings guidance on Tuesday. The company provided earnings per share guidance of $4.22-4.40 for the period, compared to the consensus earnings per share estimate of $4.33. The company issued revenue guidance of $2.10-2.17 billion, compared to the consensus revenue estimate of $2.12 billion. Franklin Electric […]
Franklin Electric (NASDAQ:FELE – Free Report) had its price objective boosted by DA Davidson from $87.00 to $90.00 in a research note published on Wednesday, Benzinga reports. They currently have a neutral rating on the industrial products company’s stock. DA Davidson also issued estimates for Franklin Electric’s Q2 2024 earnings at $1.28 EPS. Several other […]
Heritage Wealth Management LLC purchased a new stake in Franklin Electric Co., Inc. (NASDAQ:FELE – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,586 shares of the industrial products company’s stock, valued at approximately $250,000. Several other hedge funds and […]
Franklin Electric (NASDAQ:FELE – Get Free Report) released its quarterly earnings data on Tuesday. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.04), Briefing.com reports. Franklin Electric had a net margin of 9.25% and a return on equity of 15.86%. The company had […]
Duality Advisers LP lessened its holdings in shares of Franklin Electric Co., Inc. (NASDAQ:FELE – Free Report) by 2.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,720 shares of the industrial products company’s stock after selling 197 shares during the quarter. Duality Advisers LP’s holdings in […]