Franklin Electric (FELE) Tops Q2 EPS by 11c

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Go back to Franklin Electric (FELE) Tops Q2 EPS by 11c

Franklin Electric Reports Second Quarter 2017 Sales and Earnings

July 25, 2017 8:01 AM EDT

FORT WAYNE, Ind., July 25, 2017 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) reported second quarter 2017 GAAP fully diluted earnings per share (EPS) of $0.64, versus a GAAP fully diluted EPS in the second quarter 2016 of $0.50, an increase of 28 percent.  Second quarter 2017 sales were $305.3 million, an increase of 21 percent compared to 2016 second quarter sales of $252.1 million. 

Gregg Sengstack, Franklin Electrics Chairman and Chief Executive Officer, commented:

Were pleased with the overall performance of our Company in the second quarter in which we achieved solid organic sales growth in both our Water and... More