A Look at Franklin Electric's Upcoming Earnings Report

Franklin Electric FELE is gearing up to announce its quarterly earnings on Tuesday, 2024-10-29. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Franklin Electric will report an earnings per share (EPS) of $1.29.

The market awaits Franklin Electric's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

The company's EPS missed by $0.06 in the last quarter, leading to a 1.26% increase in the share price on the following day.

Here's a look at Franklin Electric's past performance and the resulting price change:

Market Performance of Franklin Electric's Stock

Shares of Franklin Electric were trading at $101.6 as of October 25. Over the last 52-week period, shares are up 19.25%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Franklin Electric visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.