Franklin Electric (FELE) Misses Q3 Earnings and Revenue Estimates

Franklin Electric (FELE) came out with quarterly earnings of $1.17 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this water and fuel pumping systems company would post earnings of $1.30 per share when it actually produced earnings of $1.26, delivering a surprise of -3.08%. Over the ...