Franklin Electric Posts Q3 EPS of $1.35
FELE is trading near its 52-week low of $89.535 (10% above the low).
Summary
Franklin Electric reported third-quarter EPS of $1.35, with net income of $60.6M and sales of $633.6M, and raised its 2026 EPS outlook. The headline carries no year-over-year comparison, so the print cannot be judged against expectations from this alone. Context matters: Q2 2026 delivered sales of $622.9M (+6% YoY) and diluted EPS of $1.46 with raised full-year guidance, and the company has been acquisitive — the $350M Cat Pumps deal closed in September and a roughly $181M Challenge Pumps agreement was announced October 27th. Whether $1.35 represents growth or a step down from the $1.46 second-quarter pace is the key question, and the full release and call will settle it.
Updates
· SEC 8-K — Franklin Electric's Q3 sales rose 9% to $633.6M, adjusted diluted EPS rose 15% to $1.50, and full-year 2026 guidance was raised to sales of $2.23B-$2.30B and adjusted EPS of $4.62-$4.82.
At the time of this announcement, FELE was trading at $98.70 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $89.54 to $115.82. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.