Franklin Electric (FELE - Free Report) came out with quarterly earnings of $1.5 per share, beating the Zacks Consensus Estimate of $1.4 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.14%. A quarter ago, it was expected that this water and fuel pumping systems company would post earnings of $1.44 per share when it actually produced earnings of $1.55, delivering a surprise of +7.64%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Franklin Electric, which belongs to the Zacks Manufacturing - Electronics industry, posted revenues of $633.62 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 4.90%. This compares to year-ago revenues of $581.71 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Franklin Electric shares have added about 2.7% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Franklin Electric?While Franklin Electric has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Franklin Electric was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.96 on $542 million in revenues for the coming quarter and $4.67 on $2.26 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - Electronics is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Pioneer Power Solutions, Inc. (PPSI - Free Report) , has yet to report results for the quarter ended September 2026.
This company is expected to post quarterly loss of $0.13 per share in its upcoming report, which represents a year-over-year change of +18.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Pioneer Power Solutions, Inc.'s revenues are expected to be $6.15 million, down 10.8% from the year-ago quarter.
Franklin Electric koupí Challenge Pumps za přibližně 181 mil. USD v hotovosti, přičemž může zaplatit až dalších 14 mil. USD; dokončení transakce se očekává v roce 2026.
Flow control leader adds recurring aftermarket revenue, expands mineral extraction water management capabilities, and enhances exposure to attractive industrial end markets.
Expands Franklin Electric's position in mission-critical mineral extraction and industrial water management applications.Strengthens Franklin Electric's ability to provide comprehensive mine water-management solutions across the mining lifecycle.Adds differentiated mine dewatering technology and long-standing relationships with mining companies and contractors.Increases exposure to recurring aftermarket revenue, with more than 55% of revenue generated from parts and services over the last three years.Expected to be accretive to Adjusted EPS1 in 2027. Attractive financial profile with approximately US$52 Million (A$73 Million) of FY2026 (ending June) revenue and US$18 Million (A$26 Million) of EBITDA1, representing EBITDA margins1 of approximately 35%.Expected to create attractive revenue and cost synergy opportunities by leveraging Franklin Electric’s global commercial, operational and supply-chain capabilities.
FORT WAYNE, Ind., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE), a global leader in flow control with a focus in water and energy systems, today announced it has entered into a definitive agreement to acquire Challenge Pumps Holdings Pty Ltd, a leading provider of underground mine dewatering solutions headquartered in Perth, Western Australia.
Under the terms of the agreement, Franklin Electric will acquire Challenge Pumps for approximately US$181 million (A$259 million) in cash, subject to customary purchase price adjustments, plus contingent consideration of up to US$14 million (A$20 million) tied to future revenue performance following closing. The transaction is expected to close in 2026 following completion of the target's audit process and satisfaction of customary closing conditions.
Challenge Pumps designs and manufactures specialized high-head dewatering pumps, engineered pumping systems, and aftermarket solutions for underground mining operations. The company serves leading mining companies and mining contractors across Australia and international mining regions and has established a strong reputation for reliability, application expertise, and lifecycle performance in demanding underground environments. The company generated approximately US$52 million (A$73 million) in revenue and US$18 million (A$26 million) in EBITDA1 in FY2026 ending in June, with strong profitability and a high proportion of recurring aftermarket parts and service revenue over the last three years.
“This acquisition represents another important step in our strategy to build a broader, more resilient flow control company,” said Joe Ruzynski, Chief Executive Officer of Franklin Electric. “Challenge Pumps has built a leading position in underground mine dewatering through product performance, application expertise, and exceptional customer support. The business adds a highly differentiated technology platform, significant recurring aftermarket revenue, and strong exposure to long-term growth drivers in the mineral extraction market. Combined with Franklin Electric's global footprint and commercial capabilities, we believe there is a meaningful opportunity to accelerate growth while continuing to deliver exceptional value to customers.”
Key Strategic and Financial Benefits of the Transaction
Strengthens Franklin Electric’s position in mineral extraction and industrial water management: Challenge Pumps expands Franklin Electric's participation in underground mine dewatering, an essential operating function within mining operations. The business serves applications where water management is critical to mine productivity, safety, and operational continuity. Long-term demand is supported by global investment in mining, infrastructure, electrification, energy transition, and industrial development.Adds a leading platform in a specialized and attractive niche market: Challenge Pumps is a recognized leader in underground mine dewatering solutions with differentiated application expertise, a strong installed base, and long-standing customer relationships. The company's proprietary technologies and systems capabilities complement Franklin Electric's existing mineral extraction portfolio and expand the company's ability to serve customers across a broader portion of the mine water-management lifecycle. Expands recurring aftermarket revenue streams: More than 55% of Challenge Pumps' revenue over the past three years has been derived from recurring aftermarket activity, including replacement parts, service, and support of the installed base. The resulting revenue stream is supported by ongoing mine operations and equipment uptime requirements.Creates attractive revenue and cost synergy opportunities: Franklin Electric’s established global commercial and operating footprint provides a more efficient path to international expansion than Challenge Pumps could develop independently. Franklin Electric expects to accelerate growth through broader customer access, local market presence and expanded aftermarket support, while also pursuing operating efficiencies across supply chain, logistics, manufacturing and shared services.Supports strategy of long-term profitable growth: Challenge Pumps generated approximately US$52 million (A$73 million) of FY2026 revenue and approximately US $18 million (A$26 million) of EBITDA. Challenge recently completed a significant facility expansion, providing capacity to support future growth initiatives. The transaction is expected to support Franklin Electric's long-term growth and profitability objectives while expanding the company's presence in commercial and industrial end markets characterized by strong customer loyalty, recurring demand, and attractive returns.Maintains strong financial position and flexibility to execute balanced capital allocation priorities: Franklin Electric expects to have a net leverage ratio1 of approximately 1.8x following the close of the transaction. Franklin Electric’s strong balance sheet and robust cash flows will create flexibility to continue to invest in key growth initiatives, while maintaining its strong track record of shareholder returns, including 34+ years of dividend growth. Ruzynski added: “Challenge Pumps is a highly complementary addition to Franklin Electric. The company shares our focus on reliability, technical performance, customer service, and long-term partnerships. We are excited to welcome the Challenge team to Franklin Electric and look forward to supporting the company's next phase of growth.”
Transaction Details
The transaction is expected to close in 2026 following completion of the target's audit process and satisfaction of customary closing conditions.
Franklin Electric expects to fund the acquisition through a combination of cash on hand and borrowings under its existing credit facilities.
Following closing, Challenge Pumps is expected to be reported within Franklin Electric's Water Systems segment and will continue to go to market under the Challenge Pumps brand.
Forward Looking Statements
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. This release contains forward-looking statements, including statements regarding the anticipated acquisition and anticipated benefits of Franklin Electric’s proposed acquisition of Challenge Pumps, expected financial performance and Adjusted EPS accretion, anticipated revenue and cost synergies, opportunities to expand Challenge Pumps’ business in existing and adjacent markets, integration plans, future margin and return objectives, expected leverage and capital allocation flexibility, and other expectations regarding the combined businesses. These forward-looking statements are based on information currently available to management and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.
These risks and uncertainties include, among others, the ability to satisfy the conditions necessary to complete the acquisition and the timing of the closing of the transaction; Franklin Electric’s ability to successfully integrate Challenge Pumps; retain key customers, distributors, suppliers and employees; realize the anticipated strategic, financial and operating benefits of the acquisition, including expected revenue and cost synergies and Adjusted EPS accretion; manage integration costs, business disruption and potential unknown or contingent liabilities; achieve the performance conditions associated with the contingent earnout consideration; and successfully expand Challenge Pumps’ business in existing and adjacent markets. Additional risks and uncertainties include industry and market reaction to the transaction; general economic and currency conditions; conditions specific to Franklin Electric’s businesses and industries; weather conditions; market demand; competitive factors; changes in distribution channels; supply constraints; the effect of price increases; raw material, logistics and labor costs; technology factors; litigation; government and regulatory actions; changes in tariffs or the impact of any such changes on Franklin Electric’s financial results; accounting policies; and other risks detailed in Franklin Electric’s filings with the Securities and Exchange Commission, including Item 1A of Part I of its Annual Report on Form 10-K for the year ended December 31, 2025, and Item 1A of Part II of its subsequent Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements speak only as of the date of this release, and Franklin Electric assumes no obligation to update any forward-looking statements, except as required by law.
About Franklin Electric
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers worldwide in residential, commercial, agricultural, industrial, municipal and fueling applications. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies 2025, Most Trustworthy Companies 2025, and Greenest Companies 2025.
1 Non-GAAP measures used above: 1) “Adjusted EBITDA” is defined as earnings before interest, taxes, depreciation and amortization expense, adjusted to exclude restructuring and realignment costs, special charges and tax-related special items, as applicable; 2) “EBITDA margin” is defined as Adjusted EBITDA divided by revenue; 3) “Adjusted Earnings Per Share” is defined as diluted earnings per share, adjusted to exclude restructuring and realignment costs, amortization of acquired intangible assets, gain or loss from sale of businesses, special charges and tax-related special items, as applicable; 4) “Net Leverage Ratio” is defined as total debt less cash and cash equivalents divided by Adjusted EBITDA.
Franklin Electric (FELE) vyplatí 19. listopadu 2026 čtvrtletní hotovostní dividendu ve výši 0,28 USD na akcii akcionářům evidovaným k 5. listopadu 2026.
FORT WAYNE, Ind., Oct. 26, 2026 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share payable November 19, 2026, to shareholders of record on November 5, 2026.
About Franklin Electric
Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers worldwide in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies 2025, Most Trustworthy Companies 2025, and Greenest Companies 2025.
_______________
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases, raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2025, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.
CONTACT:Jennifer Wolfenbarger / Dean Cantrell Franklin Electric Co., Inc. 260.824.2900
California State Teachers Retirement System ve 2. čtvrtletí zvýšil podíl ve Franklin Electric o 10 039,2 % na 4 677 236 akcií. Hodnota podílu činila 501,353 milionu USD.
California State Teachers Retirement System boosted its holdings in Franklin Electric Co., Inc. (NASDAQ:FELE – Free Report) by 10,039.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,677,236 shares of the industrial products company’s stock after acquiring an additional 4,631,106 shares during the quarter. California State Teachers Retirement System owned 10.58% of Franklin Electric worth $501,353,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in FELE. BlackRock Inc. bought a new position in shares of Franklin Electric during the 2nd quarter valued at approximately $698,173,000. Dimensional Fund Advisors LP lifted its stake in shares of Franklin Electric by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,009,687 shares of the industrial products company’s stock valued at $93,059,000 after purchasing an additional 36,268 shares during the last quarter. Bank of America Corp DE purchased a new position in Franklin Electric during the second quarter worth $82,970,000. Amundi grew its holdings in Franklin Electric by 25.2% during the 1st quarter. Amundi now owns 881,425 shares of the industrial products company’s stock valued at $81,225,000 after purchasing an additional 177,433 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Franklin Electric in the fourth quarter worth approximately $50,010,000. 79.98% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets A number of equities research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Franklin Electric from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. DA Davidson restated a “neutral” rating and issued a $105.00 target price on shares of Franklin Electric in a research note on Wednesday, September 9th. Robert W. Baird raised their target price on shares of Franklin Electric from $118.00 to $124.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen downgraded shares of Franklin Electric from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $114.50.
View Our Latest Stock Analysis on FELE Franklin Electric Price Performance Shares of FELE opened at $96.09 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.10 and a current ratio of 2.41. The company has a 50 day moving average price of $103.57 and a 200-day moving average price of $100.58. Franklin Electric Co., Inc. has a fifty-two week low of $89.54 and a fifty-two week high of $115.82. The stock has a market capitalization of $4.25 billion, a PE ratio of 27.69, a PEG ratio of 1.75 and a beta of 1.02.
Franklin Electric (NASDAQ:FELE – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.44 by $0.11. Franklin Electric had a return on equity of 15.18% and a net margin of 7.06%.The firm had revenue of $622.88 million during the quarter, compared to analyst estimates of $605.92 million. During the same period in the previous year, the company posted $1.31 EPS. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. Franklin Electric has set its FY 2026 guidance at 4.500-4.700 EPS. Equities analysts predict that Franklin Electric Co., Inc. will post 4.65 earnings per share for the current fiscal year.
Franklin Electric Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, August 6th. Franklin Electric’s payout ratio is 32.28%.
Franklin Electric Profile (Free Report)
Franklin Electric Co, Inc designs, manufactures and distributes systems and components used to move, manage and control water and other fluids. Its products include submersible motors, pumps, drives, controls, pumping equipment, water-treatment systems and related accessories for residential, agricultural, commercial and municipal applications.
The company also supplies equipment for the fueling industry through products such as underground fuel pumps, piping systems, fuel-management equipment and leak-detection technologies.
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Jupiter Topco LLC ve 2. čtvrtletí nakoupila 17 155 akcií Franklin Electric za zhruba 1,84 mil. USD. Analytici mají pro FELE konsenzus Hold a cílovou cenu 114,50 USD.
Jupiter Topco LLC bought a new stake in shares of Franklin Electric Co., Inc. (NASDAQ:FELE – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,155 shares of the industrial products company’s stock, valued at approximately $1,840,000.
A number of other large investors have also recently added to or reduced their stakes in FELE. Quarry LP bought a new position in shares of Franklin Electric in the third quarter valued at $28,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Franklin Electric during the 4th quarter valued at $35,000. EverSource Wealth Advisors LLC lifted its position in shares of Franklin Electric by 31.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 101 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Franklin Electric by 213.1% during the 4th quarter. Farther Finance Advisors LLC now owns 454 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 309 shares in the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of Franklin Electric during the 2nd quarter worth $44,000. 79.98% of the stock is currently owned by institutional investors.
Analyst Ratings Changes A number of equities research analysts have recently issued reports on FELE shares. Weiss Ratings raised Franklin Electric from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. DA Davidson increased their price target on Franklin Electric from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird lifted their price target on Franklin Electric from $118.00 to $124.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Franklin Electric has a consensus rating of “Hold” and a consensus price target of $114.50.
Check Out Our Latest Research Report on Franklin Electric Insiders Place Their Bets In related news, insider Jonathan Grandon sold 8,547 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $103.40, for a total value of $883,759.80. Following the completion of the sale, the insider directly owned 7,509 shares of the company’s stock, valued at approximately $776,430.60. This represents a 53.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.89% of the company’s stock.
Franklin Electric Trading Up 1.7% Franklin Electric stock opened at $99.27 on Friday. The company has a 50 day moving average price of $104.64 and a 200 day moving average price of $100.50. Franklin Electric Co., Inc. has a 52 week low of $89.54 and a 52 week high of $115.82. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.10 and a current ratio of 2.41. The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of 28.61, a P/E/G ratio of 1.75 and a beta of 1.02.
Franklin Electric (NASDAQ:FELE – Get Free Report) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.11. The company had revenue of $622.88 million for the quarter, compared to the consensus estimate of $605.92 million. Franklin Electric had a net margin of 7.06% and a return on equity of 15.18%. The company’s revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.31 EPS. Franklin Electric has set its FY 2026 guidance at 4.500-4.700 EPS. Research analysts forecast that Franklin Electric Co., Inc. will post 4.65 EPS for the current year.
Franklin Electric Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 6th. Franklin Electric’s payout ratio is presently 32.28%.
(Free Report)
Franklin Electric Co, Inc is a world‐leading manufacturer and distributor of systems and components for moving and managing water and fuel. Headquartered in Fort Wayne, Indiana, the company specializes in designing engineered pumping systems and related controls for residential, commercial and industrial applications.
Founded in 1944, Franklin Electric has built its reputation on submersible and surface pumping solutions for water wells, municipal water and wastewater treatment, irrigation and industrial fluid handling.
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Franklin Electric Co., Inc. (FELE) Q2 2026 Earnings Call July 28, 2026 10:00 AM EDT
Company Participants
Dean Cantrell - Director of Investor Relations
Joseph Ruzynski - CEO & Director
Jennifer Wolfenbarger - VP & CFO
Conference Call Participants
Matt Summerville - D.A. Davidson & Co., Research Division
Ryan Connors - Northcoast Research Partners, LLC
Bryan Blair - Oppenheimer & Co. Inc., Research Division
Michael Halloran - Robert W. Baird & Co. Incorporated, Research Division
Presentation
Operator
Good day, and welcome to the Franklin Electric Reports Second Quarter 2026 Sales and Earnings Conference Call.
[Operator Instructions] Please be advised that today's conference is being recorded.
It is now my pleasure to introduce Dean Cantrell, Director of Investor Relations.
Dean Cantrell
Director of Investor Relations
Thank you, Andrew, and welcome, everyone, to Franklin Electric's Second Quarter 2026 Earnings Conference Call. Joining me today is Jennifer Wolfenbarger, our Chief Financial Officer; and Joe Ruzynski, our Chief Executive Officer.
On today's call, Joe will review our second quarter business highlights. Jennifer will provide additional details on our financial performance, and then Joe will make some additional comments highlighting our Water Systems segment. We will then take your questions. A replay link of the webcast will be archived for 7 days, and the transcript and audio version of this call will be available on our website tomorrow.
Before we begin, let me remind you that as we conduct this call, we will be making forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to various risks and uncertainties, many of which could cause actual results to differ materially from such forward-looking statements. A discussion of these factors may be found in the company's annual report on Form 10-K and today's earnings release.
Franklin Electric (FELE - Free Report) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.64%. A quarter ago, it was expected that this water and fuel pumping systems company would post earnings of $0.77 per share when it actually produced earnings of $0.83, delivering a surprise of +7.79%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Franklin Electric, which belongs to the Zacks Manufacturing - Electronics industry, posted revenues of $622.88 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.20%. This compares to year-ago revenues of $587.43 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Franklin Electric shares have added about 10.4% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for Franklin Electric?While Franklin Electric has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Franklin Electric was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.42 on $598.5 million in revenues for the coming quarter and $4.58 on $2.23 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - Electronics is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
EnerSys (ENS - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 12.
This maker of industrial batteries is expected to post quarterly earnings of $2.82 per share in its upcoming report, which represents a year-over-year change of +35.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
EnerSys' revenues are expected to be $922.82 million, up 3.3% from the year-ago quarter.
