India, Feb. 18 -- Franklin Electric Co Inc (FELE) released earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's earnings came in at $33.66 million, or $0.72 per share. This compares with $38.55 million, or $0.82 per share, last year.
Analysts on average had expected the company to earn $0.66 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.7% to $485.75 million from $472.97 million last year.
Franklin Electric Co Inc earnings at a glance (GAAP) :
-Earnings: $33.66 Mln. vs. $38.55 Mln. last year.-EPS: $0.72 vs. $0.82 last year.-Revenue: $485.75 Mln vs. $472.97 Mln last year.
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