Franklin Electric Reports Third Quarter 2020 Sales and Earnings

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Franklin Electric (FELE) Tops Q3 EPS by 20c, Revenues Beat

October 27, 2020 8:01 AM EDT

Franklin Electric (NASDAQ: FELE) reported Q3 EPS of $0.83, $0.20 better than the analyst estimate of $0.63. Revenue for the quarter came in at $351.19 million versus the consensus estimate of $326.65 million.

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

The third quarter earnings were a record for any quarter in our Companys history. Our earnings per share... More