Franklin Electric Co. (FELE)
NASDAQ:FELE
Want to see FELE full AI Analyst Report?
Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.45Last Year’s EPS
1.31Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid underlying operational performance with multiple positive indicators: double-digit sales growth (10%), record adjusted Q1 EPS (+24%), adjusted operating income expansion (+17%), strong Energy margins (33.7%), distribution margin improvement, new product introductions (VersaBoost), and a formal productivity program expected to deliver meaningful savings. Offsetting items include a 100-basis-point gross margin decline driven by material and tariff impacts, $3.9M of restructuring charges, working capital-driven cash use, and region-specific headwinds in EMEA and some U.S. dewatering timing weakness. Management maintained a cautious full-year outlook reflecting geopolitical and macro uncertainties while emphasizing confidence in their strategy and backlog.Company Guidance
Consolidated Sales Growth
Consolidated sales of $500.4 million in Q1 2026, up 10% year-over-year driven by price, volume, favorable FX, and incremental acquisition sales.
Record Adjusted EPS and Strong EPS Growth
Adjusted diluted EPS was a Q1 record of $0.83, up 24% year-over-year; GAAP diluted EPS was $0.77, up 15% year-over-year.
Adjusted Operating Income Expansion
Consolidated operating income before restructuring was $52.0 million, up 17% year-over-year; reported consolidated operating income was $48.1 million, up 9%.
Margin Improvement on Adjusted Basis
Company-wide adjusted operating income margin improved to 10.4% in Q1 2026 from 9.7% a year ago (+70 basis points), helped by SG&A productivity and pricing.
Energy Systems Outperformance
Energy Systems sales of $71.8 million, up 7% year-over-year; operating income of $24.2 million and operating margin of 33.7%, up 90 basis points versus prior year.
Global Water Systems Growth and New Products
Global Water Systems sales rose 11% YoY; new product launches (e.g., VersaBoost and VersaBoost Pro) and pipeline vitality initiatives targeted to drive multi-year new revenue.
Distribution Segment Progress
Distribution sales of $150.9 million, up 6% YoY; operating income increased to $3.0 million with margin improvement of 50 basis points driven by volume, pricing, and SG&A leverage; OSI program expanded to 650 locations.
Value Acceleration Office and Margin Targets
Value Acceleration Office ramping with an expected >$15 million productivity contribution in 2026 and a target to deliver over 100 basis points of productivity per year once fully ramped.
Capital Allocation and Shareholder Returns
Repurchased 120,000 shares for approximately $11.3 million in Q1; announced quarterly dividend of $0.28; 34 consecutive years of dividend growth.
Selective Regional and Factory Investments
Opened new water factory in Izmir, Turkey and executing targeted expansions in India, South America, and Mexico to support regional growth.
Backlog and Book-to-Bill
Backlog up ~10% entering Q2 with a positive book-to-bill, signaling healthy near-term demand trends.
FELE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FELE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $103.50 | $103.05 | -0.43% |
Feb 17, 2026 | $108.94 | $92.98 | -14.65% |
Oct 28, 2025 | $97.96 | $94.74 | -3.29% |
Jul 29, 2025 | $92.62 | $95.17 | +2.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Franklin Electric Co. (FELE) report earnings?
Franklin Electric Co. (FELE) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).
What is Franklin Electric Co. (FELE) earnings time?
Franklin Electric Co. (FELE) earnings time is at Jul 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FELE EPS forecast?
FELE EPS forecast for the fiscal quarter 2026 (Q2) is 1.45.