Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings
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Franklin Electric (FELE) Misses Q2 EPS by 2c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus
July 23, 2019 8:02 AM EDTFranklin Electric (NASDAQ: FELE) reported Q2 EPS of $0.70, $0.02 worse than the analyst estimate of $0.72. Revenue for the quarter came in at $355.3 million versus the consensus estimate of $358.35 million.
Gregg Sengstack, Franklin Electrics Chairman and Chief Executive Officer, commented:
Overall, our second quarter results were a record for any quarter in the Companys history. Sales of Pioneer branded dewatering equipment increased by about 9 percent in the... More
