FELE - Franklin Electric misses Q2 top and bottom line estimates; reaffirms FY23 outlook
2023-07-25 08:04:56 ET
- Franklin Electric press release ( NASDAQ: FELE ): Q2 GAAP EPS of $1.27 misses by $0.05 .
- Revenue of $569.1M (+3.3% Y/Y) misses by $29.19M .
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2023 Guidance: The Company is maintaining its guidance for full year 2023 sales to be in the range of $2.15 billion to $2.25 billion vs. consensus of $2.18B and full year 2023 EPS to be in the range of $4.25 to $4.45 vs. consensus of $4.36.
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Franklin Electric misses Q2 top and bottom line estimates; reaffirms FY23 outlook