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Dec 31, 2021
Franklin Electric Q4 2021 Earnings Report
Reported record Q4 sales and earnings, driven by strong demand across all business segments.
Key Takeaways
Franklin Electric reported record fourth-quarter sales of $432.5 million, a 35% increase compared to the fourth quarter of 2020. Operating income was a record at $47.2 million, a 37% increase. GAAP fully diluted earnings per share (EPS) was $0.85, a new record for any fourth quarter.
Record sales of $432.5 million, a 35% increase year-over-year.
Strong organic sales growth in all three segments: Distribution 39%, Water Systems 23%, and Fueling Systems 21%.
Operating income was a record at $47.2 million, a 37% increase year-over-year.
GAAP fully diluted earnings per share (EPS) was $0.85, a new record for any fourth quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company expects its full year 2022 sales to be in the range of $1.90 billion to $2.05 billion and full year 2022 earnings per share before restructuring expenses to be in the range from $3.50 to $3.75.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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