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Franklin Electric lowers 2024 EPS view $4.16-$4.34, consensus $4.28

The Company is maintaining its sales guidance for full year 2024 to be in the range of $2.10 billion to $2.17 billion, consensus $2.11B, and reducing its EPS guidance for full year 2024 to be in the range of $4.16 to $4.34 which incorporates the Company’s first half performance and its outlook for continued solid execution in the second half while maintaining strong margins similar to the first half.

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