Franklin Electric Co., Inc. Stock News

Franklin Electric Co., Inc. (NASDAQ:FELE ) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Jeffery Taylor - Chief Financial Officer Joseph Ruzynski - Chief Executive Officer Conference Call Participants Bryan Blair - Oppenheimer & Co. Inc. Ryan Connors - Northcoast Research Partners Michael Halloran - Robert W. Baird & Co. Incorporated Walter Liptak - Seaport G...

Third Quarter 2024 Highlights Consolidated net sales of $531.4 million, a decrease of 1% to the prior year Water Systems and Distribution net sales increased 2% and 1%, respectively, while Fueling Systems net sales decreased 10% Operating income was $73.5 million with operating margin of 13.8% GAAP fully diluted earnings per share (EPS) was $1.17 FORT WAYNE, Ind., Oct. 29, 2024 (GLOBE NEWSWIRE)...

FORT WAYNE, Ind., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable November 21, 2024, to shareholders of record on November 7, 2024.

FORT WAYNE, Ind., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2024 earnings at 8:00 am ET on Tuesday, October 29, 2024. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The third quarter 2024 earnings call will be available via a live webcast. The webcast will be available in ...

The bond market anticipated the Fed's 0.5% rate cut, which led to a positive market reaction and record highs for the S&P. A strong economy with falling interest rates is the ideal backdrop for blue-chip bargain buys if you know where to find them. The PEGY Ratio is a wonderful metric that combines valuation, growth, yield, total return and income growth into a single super GARP metric perfect ...

Q2 saw soft revenue due to weather delays and destocking (likely tied to softening construction and resource demand), but water treatment and surface pumping showed encouraging growth. Short-term headwinds in markets like agriculture, construction, and resources could persist a little longer, but FELE benefits from the growing need for clean water and is poised for above-average growth. Shares ...

Franklin Electric Co., Inc. has strong revenue growth prospects ahead, with improving sales expected in the second half of the year. The company's margin should benefit from operating leverage and cost-saving initiatives. Trading at a discount to historical averages, Franklin Electric is poised for growth with easing year-over-year comparisons and potential interest rate cycle reversal.

Franklin Electric Co., Inc. (NASDAQ:FELE ) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Jeff Taylor - Chief Financial Officer Gregg Sengstack - Executive Chairperson Joe Ruzynski - Chief Executive Officer Conference Call Participants Walter Liptak - Seaport Global Matt Summerville - D.A. Davidson Operator Hello, and welcome to the Franklin Electric Reports Seco...