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Franklin Electric Co Inc (FELE.OQ)

FELE.OQ on NASDAQ Stock Exchange Global Select Market

50.80USD
15 Feb 2019
Change (% chg)

$1.84 (+3.76%)
Prev Close
$48.96
Open
$49.20
Day's High
$50.87
Day's Low
$49.20
Volume
73,989
Avg. Vol
60,240
52-wk High
$51.35
52-wk Low
$38.45

Latest Key Developments (Source: Significant Developments)

Franklin Electric Declares Payment Of Increased Qtrly Cash Dividend
Tuesday, 22 Jan 2019 02:53pm EST 

Jan 22 (Reuters) - Franklin Electric Co Inc ::FRANKLIN ELECTRIC DECLARES PAYMENT OF INCREASED QUARTERLY CASH DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.145PER SHARE.SETS QUARTERLY CASH DIVIDEND OF $0.145PER SHARE.INC - NEW QTRLY DIVIDEND REPRESENTS A 21 PERCENT INCREASE FROM PRIOR QUARTERLY DIVIDEND OF $0.12 PER SHARE.  Full Article

Franklin Electric Q4 Earnings Per Share $0.17
Tuesday, 20 Feb 2018 08:05am EST 

Feb 20 (Reuters) - Franklin Electric Co Inc ::FRANKLIN ELECTRIC REPORTS FOURTH QUARTER AND FULL YEAR 2017 SALES AND EARNINGS.Q4 EARNINGS PER SHARE $0.21 EXCLUDING ITEMS.Q4 GAAP EARNINGS PER SHARE $0.17.Q4 SALES $288.2 MILLION VERSUS $239.6 MILLION.‍BEFORE RESTRUCTURING AND TAX EXPENSE ASSOCIATED WITH U.S. TAX CUTS AND JOBS ACT OF 2017, Q4 2017 EPS WAS $0.42​.2018 EARNINGS PER SHARE GUIDANCE TO BE BETWEEN $2.16 TO $2.28‍​.Q4 REVENUE VIEW $312.7 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.13 -- THOMSON REUTERS I/B/E/S.  Full Article

Franklin Electric says Q3 GAAP earnings per share $0.52
Tuesday, 24 Oct 2017 08:00am EDT 

Oct 24 (Reuters) - Franklin Electric Co Inc -:Franklin electric reports third quarter 2017 sales and earnings.Q3 earnings per share $0.53 excluding items.Q3 GAAP earnings per share $0.52.Q3 sales $311.1 million versus I/B/E/S view $319.5 million.Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.88 to $1.92.FY2017 earnings per share view $1.92 -- Thomson Reuters I/B/E/S.Franklin Electric Co Inc - ‍inventory levels at end of Q3 2017 were $301 million versus year end 2016 of $203 million​.Franklin Electric Co Inc - ‍ about $65 million of inventory increase at end of Q3 2017 is due to distribution segment acquisitions​.Franklin Electric Co Inc - ‍ remain cautious about certain international water end markets including Asia Pacific and Latin America​.  Full Article

Franklin Electric Q2 GAAP earnings per share $0.64
Tuesday, 25 Jul 2017 08:00am EDT 

July 25 (Reuters) - Franklin Electric Co Inc :Franklin electric reports second quarter 2017 sales and earnings.Q2 gaap earnings per share $0.64.Q2 sales $305.3 million versus i/b/e/s view $304 million.Q2 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Raises fy 2017 earnings per share view to $1.87 to $1.97.Franklin electric co inc - expect our fueling systems segment to have a strong top and bottom line in second half.Fy2017 earnings per share view $1.79 -- Thomson Reuters I/B/E/S.  Full Article

Franklin Electric announces partnership with Star Island
Thursday, 20 Jul 2017 09:00am EDT 

July 20 (Reuters) - Franklin Electric Co Inc :Franklin Electric Co Inc - announces its partnership with Star Island.  Full Article

Franklin Electric Q1 gaap EPS $0.33
Thursday, 27 Apr 2017 08:00am EDT 

April 27 (Reuters) - Franklin Electric Co Inc :Qtrly organic sales growth was 1 percent.Q1 earnings per share view $0.35, revenue view $227.2 million -- Thomson Reuters I/B/E/S.Franklin electric reports first quarter 2017 sales and earnings.Q1 gaap earnings per share $0.33.Q1 sales rose 1 percent to $220.3 million.Reaffirms fy 2017 adjusted earnings per share view $1.77 to $1.87.  Full Article

Franklin Electric buys U.S. groundwater distribution firms
Monday, 10 Apr 2017 04:24pm EDT 

Franklin Electric Co Inc : Franklin Electric Co acquires U.S. Groundwater distribution companies . Franklin Electric Co says expects DSI acquisition to close before end of Q2 2017 . Franklin Electric Co - deal for $89 million in aggregate, which includes assumed debt . Franklin Electric Co says Franklin Electric will operate acquired distributors in an entity named Headwater Companies, Llc . Franklin Electric Co - earnings from acquired companies are expected to add 12 to 14 cents to Franklin Electric's 2018 adjusted earnings per share . Franklin Electric Co - earnings from acquired companies expected to add twelve to fourteen cents to Franklin Electric's 2018 adjusted earnings per share . Franklin Electric Co Inc says deal expected to be neutral to 2017 adjusted earnings per share guidance of $1.77 to $1.87 company has provided . Franklin Electric Co - will acquire 2m Company Inc, Western Hydro Holding Corporation and Drillers Service Inc for approximately $89 million in aggregate .Franklin Electric Co - to buy 2m Company Of Billings, Montana; Western Hydro Holding Corp of Hayward, California, Drillers Service of Hickory, North Carolina.  Full Article