Franklin Electric Reaffirms Its FY23 Guidance, Sees Sales Of $2.15B-$2.25B Vs. $2.18B Est.; And EPS Of $4.25 To $4.45 Vs. $4.37 Estimate
Portfolio Pulse from Benzinga Newsdesk
Franklin Electric has reaffirmed its FY23 guidance, projecting sales between $2.15 billion and $2.25 billion, and EPS between $4.25 and $4.45. These figures are in line with the current estimates of $2.18 billion in sales and $4.37 EPS.
July 25, 2023 | 12:20 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Franklin Electric's reaffirmation of its FY23 guidance aligns with current market estimates, indicating stability in the company's financial outlook.
Franklin Electric's reaffirmation of its FY23 guidance, which aligns with current market estimates, indicates that the company's financial outlook is stable. This could maintain investor confidence and keep the stock price steady in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100