Franklin Electric (FELE) Misses Q1 Earnings and Revenue Estimates

Franklin Electric (FELE) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.22%. A quarter ago, it was expected that this water and fuel pumping systems company would post earnings of $0.69 per share when it actually produced earnings of $0.72, delivering a surprise of 4.35%.Over the ...