Federal Signal Q2 Adj $0.95 Beats $0.84 Estimate, Sales $490.40M Beat $486.19M Estimate

7/25/24 8:02:31 AM ET

Auto Manufacturing

Consumer Discretionary

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Federal Signal (NYSE:FSS) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.84 by 13.1 percent. This is a 41.79 percent increase over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $490.40 million which beat the analyst consensus estimate of $486.19 million by 0.87 percent. This is a 10.85 percent increase over sales of $442.40 million the same period last year.

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Recent Analyst Ratings for
$FSS

Date	Price Target	Rating	Analyst
5/31/2024		Outperform	William Blair
7/31/2023	$68.00 → $66.00	Buy → Neutral	DA Davidson
2/23/2023	$50.00	Buy → Neutral	Sidoti
11/21/2022		Overweight → Sector Weight	KeyBanc Capital Markets
10/7/2022	$39.00 → $46.00	Neutral → Buy	DA Davidson
3/2/2022	$52.00 → $46.00	Strong Buy	Raymond James
3/2/2022	$55.00 → $48.00	Overweight	Keybanc
1/13/2022	$56.00 → $52.00	Strong Buy	Raymond James

More analyst ratings

Federal Signal Reports Third Quarter Results Including 6% Organic Net Sales Growth and Double-Digit Earnings Improvement; Raises Full-Year Earnings Outlook and EBITDA Margin Targets for Safety and Security Systems Group
DOWNERS GROVE, Ill., Oct. 31, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today reported financial results for the third quarter ended September 30, 2024. Third Quarter Highlights Net sales of $474 million, up $28 million, or 6%, from last yearOperating income of $75.9 million, up $13.4 million, or 21%, from last yearGAAP Diluted EPS of $0.87, up $0.16, or 23%, from last yearAdjusted EPS of $0.88, up $0.17, or 24%, from last yearBacklog of $1.03 billion, up $27 million, or 3%, from last yearOperating cash flow of $69 million, up $21 million, or 43%, from last yearRaises 2024 adjusted EPS* outlook to a new range
10/31/24 8:00:00 AM ET
$FSS
Auto Manufacturing
Consumer Discretionary
Federal Signal Corporation Declares Dividend of $0.12 per share
DOWNERS GROVE, Ill., Oct. 22, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) today announced that its Board of Directors declared a quarterly cash dividend of twelve cents ($0.12) per share on its common stock. The dividend is payable on December 2, 2024 to stockholders of record at the close of business on November 15, 2024. About Federal Signal Federal Signal Corporation (NYSE:FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of products and total solutions that serve municipal, government
10/22/24 10:21:00 AM ET
$FSS
Auto Manufacturing
Consumer Discretionary
Federal Signal to Host Third Quarter Earnings Conference Call on October 31, 2024
DOWNERS GROVE, Ill., Oct. 17, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, will announce third quarter earnings before the market opens on Thursday, October 31, 2024. The Company will also host an investor conference call and webcast at 10 a.m. Eastern Time the same day with Jennifer L. Sherman, president and chief executive officer, and Ian A. Hudson, senior vice president and chief financial officer. Investors and analysts may access the webcast at www.federalsignal.com. The teleconference may be accessed 10 minutes prior to the start by calling 1-877-704-4453 and using conference ID 13749732. An archived re
10/17/24 10:00:00 AM ET
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Federal Signal Reports Third Quarter Results Including 6% Organic Net Sales Growth and Double-Digit Earnings Improvement; Raises Full-Year Earnings Outlook and EBITDA Margin Targets for Safety and Security Systems Group
DOWNERS GROVE, Ill., Oct. 31, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today reported financial results for the third quarter ended September 30, 2024. Third Quarter Highlights Net sales of $474 million, up $28 million, or 6%, from last yearOperating income of $75.9 million, up $13.4 million, or 21%, from last yearGAAP Diluted EPS of $0.87, up $0.16, or 23%, from last yearAdjusted EPS of $0.88, up $0.17, or 24%, from last yearBacklog of $1.03 billion, up $27 million, or 3%, from last yearOperating cash flow of $69 million, up $21 million, or 43%, from last yearRaises 2024 adjusted EPS* outlook to a new range
10/31/24 8:00:00 AM ET
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Federal Signal to Present at Baird's 2024 Global Industrials Conference
DOWNERS GROVE, Ill., Oct. 29, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) (the "Company"), a leader in environmental and safety solutions, announced today that Jennifer L. Sherman, president and chief executive officer, Ian A. Hudson, senior vice president and chief financial officer, and Felix M. Boeschen, vice president, corporate strategy and investor relations, will participate in the Baird 2024 Global Industrials Conference in Chicago, Illinois, on Tuesday, November 12, 2024. Conference materials, including the investor presentation, will be available on the day of the conference on the Investors section of the Company's website at www.federalsignal.com. About Federal S
10/29/24 3:59:00 PM ET
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Auto Manufacturing
Consumer Discretionary
Federal Signal Corporation Declares Dividend of $0.12 per share
DOWNERS GROVE, Ill., Oct. 22, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) today announced that its Board of Directors declared a quarterly cash dividend of twelve cents ($0.12) per share on its common stock. The dividend is payable on December 2, 2024 to stockholders of record at the close of business on November 15, 2024. About Federal Signal Federal Signal Corporation (NYSE:FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of products and total solutions that serve municipal, government
10/22/24 10:21:00 AM ET
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Federal Signal Corporation Appoints New Director
OAK BROOK, Ill., Nov. 21, 2023 /PRNewswire/ -- The Board of Directors of Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, today announced the appointment of Katrina L. Helmkamp to the company's Board of Directors, effective November 20, 2023. In October 2022, Ms. Helmkamp was appointed Non-Executive Chair of the Board of Directors of IDEX Corporation ("IDEX") (NYSE:IEX), where she has served as an independent director and member of multiple board committees since initially joining the IDEX board in November 2015. From 2018 until her retirement in January 2023, Ms. Helmkamp served as President and Chief Executive Officer of Cartus Corporation ("Cartus")
11/21/23 11:25:00 AM ET
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Federal Signal Corporation Appoints Felix Boeschen as Vice President, Corporate Strategy and Investor Relations
OAK BROOK, Ill., Sept. 19, 2023 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today announced the appointment of Felix Boeschen as the Company's Vice President, Corporate Strategy and Investor Relations, effective September 28, 2023. Mr. Boeschen joins the Company from Raymond James, where he served as a Vice President, Equity Research since January 2020, covering companies in the machinery space, with a primary focus on the truck equipment and specialty vehicle industries. "Felix is a highly talented individual who knows our company and our industry extremely well, and we are delighted that he has agreed to join our e
9/19/23 9:18:00 AM ET
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Auto Manufacturing
Consumer Discretionary
Federal Signal Corporation Appoints New Director
OAK BROOK, Ill., Oct. 26, 2021 /PRNewswire/ -- The Board of Directors of Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today announced the appointment of Shashank Patel to the company's board of directors, effective October 25, 2021. Since July 2018, Mr. Patel has served as the Chief Financial Officer ("CFO") of Watts Water Technologies, Inc. ("Watts"), a global manufacturer headquartered in the US that provides one of the broadest plumbing, heating, and water quality product lines in the world. "We are delighted to announce Shashank's appointment to our board of directors," said Dennis J. Martin, Chairman of the board of Federal Signal. "Shashank's
10/26/21 8:00:00 AM ET
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Federal Signal Q2 Adj $0.95 Beats $0.84 Estimate, Sales $490.40M Beat $486.19M Estimate

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Recent Analyst Ratings for $FSS

$FSS SEC Filings

SEC Form 10-Q filed by Federal Signal Corporation

Federal Signal Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

SEC Form 10-Q filed by Federal Signal Corporation

$FSS Analyst Ratings

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William Blair initiated coverage on Federal Signal

Federal Signal downgraded by DA Davidson with a new price target

Federal Signal downgraded by Sidoti with a new price target

$FSS Insider Trading

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Director Helmkamp Katrina L was granted 119 shares, increasing direct ownership by 7% to 1,941 units (SEC Form 4)

Director Reichelderfer Brenda gifted 1,175 shares and sold $2,388,500 worth of shares (25,685 units at $92.99), decreasing direct ownership by 32% to 57,417 units (SEC Form 4)

Director Helmkamp Katrina L was granted 133 shares, increasing direct ownership by 8% to 1,822 units (SEC Form 4)

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Federal Signal Reaffirms FY24 Sales Outlook Of $1.85B - $1.90B Vs. $1.87B Est.

Federal Signal Raises FY24 Adj EPS Outlook From $2.95 - $3.15 To $3.20 - $3.35 Vs. $3.03 Est.