Franklin Electric Co. (FELE) Set to Announce Quarterly Earnings on Tuesday
Franklin Electric Co. (NASDAQ:FELE) is scheduled to issue its Q114 quarterly earnings data on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $236.54 million for the quarter.
Franklin Electric Co. (NASDAQ:FELE) last posted its quarterly earnings results on Friday, February 28th. The company reported $0.30 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.30. The company had revenue of $229.70 million for the quarter, compared to the consensus estimate of $218.67 million. On average, analysts expect Franklin Electric Co. to post $1.94 EPS for the current fiscal year and $2.17 EPS for the next fiscal year.
Shares of Franklin Electric Co. (NASDAQ:FELE) opened at 39.70 on Monday. Franklin Electric Co. has a 52 week low of $30.20 and a 52 week high of $46.11. The stock’s 50-day moving average is $42.04 and its 200-day moving average is $41.51. The company has a market cap of $1.893 billion and a price-to-earnings ratio of 24.37.
On a related note, analysts at Gabelli initiated coverage on shares of Franklin Electric Co. in a research note on Friday, March 21st. They set a “hold” rating on the stock.
Franklin Electric Co, Inc (NASDAQ:FELE) together with its subsidiaries, is engaged in designing, manufacturing and distributing water and fuel pumping systems, consists of submersible motors, pumps, electronic controls and related parts and equipment.
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