Franklin Electric Co.'s (NASDAQ: FELE) third quarter financial results release is scheduled for Tuesday 29th October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the organization is expected to reveal an anticipated $1.27 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $555.88 million.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $1.23. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $538.43 million during that specific period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $2.07 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $4.17 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.26 | -0.8% | 543.26 M | -4.6% |
| Q1 2024 | $0.70 | -11.4% | 460.90 M | -4.9% |
| Q4 2023 | $0.82 | -2.4% | 472.97 M | -3.4% |
| Q3 2023 | $1.23 | -2.4% | 538.43 M | -2.4% |
| Q2 2023 | $1.27 | +0.8% | 569.18 M | +3.3% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 29th October 2024 at 09:00 AM eastern time, in a conference call with public.
Franklin Electric Co. (FELE) shares traded as low as $101.29 and as high as $102.81 on a day volume of 88.30 thousand shares, closed Friday's regular trading session at $101.60, drop of 0.28 percent.
