Franklin Electric beats Q2 estimates and raises full-year guidance

Earnings
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Summary · why it matters

Franklin Electric reported second-quarter non-GAAP earnings per share of $1.55, beating analyst estimates by $0.12, while revenue rose 6% year-over-year to $622.9 million, exceeding expectations by $16.97 million. The company also raised its full-year 2026 guidance, now projecting adjusted diluted earnings per share between $4.50 and $4.70, compared to a consensus estimate of $4.59, and net sales in the range of $2.21 billion to $2.29 billion, versus a consensus of $2.23 billion.

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