Benzinga | Jul 28, 2020 08:01AM EDT

Franklin Electric Q2 EPS $0.54 Beats $0.43 Estimate, Sales $308.30M Beat $296.39M Estimate

Franklin Electric (NASDAQ:FELE) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.43 by 25.58 percent. This is a 22.86 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $308.30 million which beat the analyst consensus estimate of $296.39 million by 4.02 percent. This is a 13.24 percent decrease over sales of $355.34 million the same period last year.