Franklin Electric (FELE) Tops Q4 EPS by 2c

Go back to Franklin Electric (FELE) Tops Q4 EPS by 2c

Franklin Electric Reports Fourth Quarter 2014 Sales and Earnings

February 24, 2015 8:05 AM EST

FORT WAYNE, Ind., Feb. 24, 2015 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (Nasdaq: FELE) reported fourth quarter 2014 adjusted earnings per share (EPS) of $0.31 compared to 2013 fourth quarter adjusted EPS of $0.30, up 3 percent to last year (see table below for a reconciliation of GAAP EPS to the adjusted EPS). In the fourth quarter of 2014, the Company's GAAP fully diluted EPS was $0.06, which was down 78 percent to the GAAP fully diluted EPS from the fourth quarter of 2013.

Fourth quarter 2014 sales were $253.8 million, an increase of 10 percent compared to 2013 fourth quarter sales of $229.7 million and... More