Franklin Electric Earnings Preview: Can This Streak Continue?

Franklin Electric Co. (NASDAQ:FELE) will report earnings after markets close on Tuesday, April 30th. Franklin Electric Co., Inc. designs, manufactures, and distributes electric motors, electronic motor controls, and related equipment. The Company sells its products around the world primarily to original equipment manufacturers of pumps, petroleum equipment, compressors, fans, heating and air conditioning equipment, swimming pool equipment, medical furniture, and business machines.

Here is your Cheat Sheet to Franklin Electric Co. Earnings:

Earnings Expectations: Analysts expect earnings of $0.33 per share on revenues of $224.49 million. Currently, the company’s P/E ratio stands at 18.10.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.56 to a profit $0.57. For the current year, the average estimate is a profit of $1.74, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Franklin Electric Co. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 745.63 625.99 713.79 821.08 891.34
Diluted EPS ($) 0.95 0.56 0.825 1.325 1.73

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 187.24 201.92 246.70 237.56 205.17
Diluted EPS ($) 0.2436 0.48 0.52 0.455 0.2797

Past Performance:
Franklin Electric Co. has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)