Franklin Electric Q4 EPS $0.82 Misses $0.84 Estimate, Sales $473.00M Miss $490.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Franklin Electric reported Q4 earnings of $0.82 per share, missing the consensus estimate of $0.84, and sales of $473M, below the expected $490.43M. This represents a decrease in both earnings and sales compared to the same period last year.
February 13, 2024 | 1:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Franklin Electric's Q4 earnings and sales missed analyst estimates, with a decrease compared to last year's figures.
Missing both earnings and sales estimates, especially when compared to the previous year's performance, typically has a negative impact on investor sentiment and can lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100