Franklin Electric Raises Annual Revenue Guidance
FELE Franklin Electric Co Inc
$98.22 +0.60%
View chart & analysis → - 1Franklin Electric raised its annual revenue guidance range from $2.23 billion to $2.3 billion during its third-quarter earnings release on October 28, 2026.
- 2The company expects approximately $52 million in mining drainage revenue through the acquisition of Challenge Pumps.
- 3Franklin Electric's year-to-date new product sales have exceeded $28 million.
So what's the key point?
Franklin Electric has increased its expected annual revenue to $2.3 billion. The company expects to generate mining-related revenue by acquiring a new company.
Source The Motley Fool +1 · View original ↗
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