Franklin Electric raises 2026 net sales guidance to $2.21 bln-$2.29 bln
Company lifts 2026 adjusted diluted EPS outlook to $4.50-$4.70
Company sees continued demand in dewatering, pressure-boosting, and water treatment applications
Drivers of second-quarter growth
Organic and inorganic growth - Co said Q2 sales growth was balanced between organic initiatives and recent acquisitions
Price realization and volume - Co attributed higher segment sales to price increases and higher volumes
Strong demand in key applications - Co cited solid demand in dewatering for mining, pressure-boosting, and water treatment in fast-growing regions
Key details and analyst coverage
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$622.90 mln
$605.95 mln (5 Analysts)
Q2 Adjusted EPS
Beat
$1.55
$1.44 (5 Analysts)
Q2 EPS
$1.46
Q2 Operating income
$93.60 mln
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
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