Franklin Electric stock (FELE) hit by weak 2026 outlook — what to know before the open
Franklin Electric shares dropped 14.7% to $92.98 after the company issued a 2026 forecast below analyst expectations, guiding for sales of $2.17–$2.24 billion and adjusted EPS of $4.40–$4.60. Fourth-quarter revenue missed estimates, while adjusted EPS met consensus. Investors are watching demand, margins, and acquisition results as risks remain around tariffs, currencies, and end-market volatility.