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FELEBearishEarningsnews
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Earnings Preview: Franklin Electric (FELE) Q1 Earnings Expected to Decline

Apr 23, 2024, 11:10 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Wall Street expects a year-over-year decline in earnings and revenues for Franklin Electric. - Analysts revised EPS estimate 1.92% higher in the last 30 days. - Due to an Earnings ESP of -1.79%, it's difficult to predict a beat. - Positive Earnings ESP combined with Zacks Rank 1, 2, or 3 predicts earnings beat. - Analysts examine surprise history for gauging influence on upcoming numbers. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Wall Street expects a year-over-year decline in earnings and revenues for Franklin Electric.
  • Analysts revised EPS estimate 1.92% higher in the last 30 days.
  • Due to an Earnings ESP of -1.79%, it's difficult to predict a beat.
  • Positive Earnings ESP combined with Zacks Rank 1, 2, or 3 predicts earnings beat.
  • Analysts examine surprise history for gauging influence on upcoming numbers.

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