Shares of Franklin Electric Co. (FELE) soared 7.67% on Tuesday following the company's better-than-expected fourth-quarter earnings and revenue results. The water and fuel pumping systems company reported Q4 earnings of $0.72 per share, beating analysts' estimates of $0.66 per share. Revenue for the quarter came in at $485.7 million, surpassing the consensus estimate of $469.2 million.
The strong results were driven by higher sales of groundwater products, water treatment products, and surface pumping systems in the company's Water Systems segment. Additionally, Franklin Electric's Energy Systems segment recorded its highest-ever fourth-quarter operating income of $24.7 million, fueled by higher volumes and price realization.
Looking ahead, Franklin Electric provided full-year 2025 guidance, expecting earnings per share in the range of $4.05 to $4.25 and revenue between $2.09 billion and $2.15 billion. The company's positive outlook, coupled with the robust quarterly performance, boosted investor confidence and contributed to the significant stock price surge on Tuesday's trading session.
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