Franklin Electric Publishes Q3 2026 Earnings Call Transcript
Bitget2026/10/30 16:18- Franklin Electric raised 2026 sales guidance to $2.23 billion–$2.3 billion, with adjusted diluted EPS now projected at $4.62–$4.82.
- The October 28 third-quarter earnings call featured CEO Joseph Ruzynski, CFO Jennifer Wolfenbarger, investor relations director Dean Cantrell and analysts.
- Quarterly sales rose 9% to $633.6 million; adjusted diluted EPS increased 15% to $1.50.
- Guidance excludes the pending Challenge Pumps acquisition, expected to close later this year; the mine-dewatering business generates about $52 million in revenue.
- Manufacturing moves and inflation pressured margins; management expects consolidation work largely completed this year to deliver productivity gains in 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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