Franklin Electric (FELE) Misses Q1 EPS by 2c
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April 28, 2015 8:05 AM EDT
FORT WAYNE, Ind., April 28, 2015 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (Nasdaq: FELE) reported first quarter 2015 adjusted earnings per share (EPS) of $0.32 compared to 2014 first quarter adjusted EPS of $0.35, a 9 percent decrease (see table below for a reconciliation of GAAP EPS to the adjusted EPS). In the first quarter of 2015, the Company's GAAP fully diluted EPS was $0.41 which was up 17 percent to the GAAP fully diluted EPS from the first quarter of 2014.
First quarter 2015 sales were $225.7 million, a decrease of 2 percent compared to 2014 first quarter sales of $231.4 million. The Company's organic sales growth was... More
April 28, 2015 8:05 AM EDT
FORT WAYNE, Ind., April 28, 2015 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (Nasdaq: FELE) reported first quarter 2015 adjusted earnings per share (EPS) of $0.32 compared to 2014 first quarter adjusted EPS of $0.35, a 9 percent decrease (see table below for a reconciliation of GAAP EPS to the adjusted EPS). In the first quarter of 2015, the Company's GAAP fully diluted EPS was $0.41 which was up 17 percent to the GAAP fully diluted EPS from the first quarter of 2014.
First quarter 2015 sales were $225.7 million, a decrease of 2 percent compared to 2014 first quarter sales of $231.4 million. The Company's organic sales growth was... More
