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Stock impact report

Franklin Electric Co Inc (FELE) Reports Mixed Results for Q4 and Record Full Year 2023 Performance [Yahoo! Finance]

Franklin Electric Co., Inc. (FELE) 
Last franklin electric co., inc. earnings: 4/28 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Operating Income : Q4 at $50.8 million; Full Year record $262.4 million. Earnings Per Share (EPS) : Q4 at $0.82; Full Year record $4.11, up 4%. Cash Flows : Record operating cash flows of $315.7 million for the year. 2024 Guidance : Sales expected to be $2.10 billion to $2.17 billion; EPS forecasted at $4.22 to $4.40. On February 13, 2024, Franklin Electric Co Inc ( NASDAQ:FELE ) released its 8-K filing , detailing the financial outcomes for the fourth quarter and the full year of 2023. The company, a global leader in water and fuel pumping systems, faced a slight downturn in Q4 sales but achieved record-breaking annual results. Company Overview Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, including submersible motors, pumps, electronic controls, and water treatment systems. The company operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment focuses on groundwater, wate Show less Read more
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