Franklin Electric (FELE) Q4 Revenue Tops Consensus, Offers Guidance
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Franklin Electric Reports Record Fourth Quarter 2022 and Full Year 2022 Results
February 14, 2023 8:00 AM ESTFourth Quarter 2022 Highlights
Sales of $489.4 million, an increase of 13% over the prior year, was a fourth quarter recordRobust sales growth in all three Segments; Distribution up 27%, Water Systems up 9%, and Fueling Systems up 8%Operating income was a fourth quarter record at $56.2 million, an increase of 19% over the prior yearGAAP fully diluted earnings per share (EPS) was $0.84, a decrease of $0.01 to prior yearFull Year 2022 Highlights
Full Year... More