Franklin Electric Q1 Adj. EPS $0.83 Beats $0.76 Estimate, Sales $500.400M Beat $479.209M Estimate

Franklin Electric (NASDAQ:FELE) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.76 by 9.21 percent. This is a 23.88 percent increase over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $500.400 million which beat the analyst consensus estimate of $479.209 million by 4.42 percent. This is a 9.92 percent increase over sales of $455.247 million the same period last year.