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

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

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

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

DOWNERS GROVE, Ill., Oct. 7, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) ("Federal Signal" or the "Company"), a leader in environmental and safety solutions, today announced that it has completed the acquisition of substantially all the assets and operations of Standard Equipment Company ("Standard" or "Standard Equipment"), a leading distributor of specialty maintenance and infrastructure equipment for municipal and industrial markets. Since 1969, Standard Equipment, with its principal location in Elmhurst, Illinois, has been an important partner for several of Federal Signal's product lines including Vactor, Elgin, and TRUVAC, currently distributing these products in parts

DOWNERS GROVE, Ill., July 25, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today reported results for the second quarter ended June 30, 2024. Second Quarter Highlights Net sales of $490 million, up $48 million, or 11%, from last yearOperating income of $81.1 million, up $21.7 million, or 37%, from last yearGAAP EPS of $0.99, up $0.33, or 50%, from last yearAdjusted EPS of $0.95, up $0.28, or 42%, from last yearBacklog of $1.08 billion, up $73 million, or 7%, from last yearRaises 2024 adjusted EPS* outlook to a new range of $3.20 to $3.35, from the prior range of $2.95 to $3.15Consolidated net sales for the second

DOWNERS GROVE, Ill., July 23, 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 August 30, 2024 to stockholders of record at the close of business on August 16, 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, governmental,

DOWNERS GROVE, Ill., July 18, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, will announce second quarter earnings before the market opens on Thursday, July 25, 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 13747736. An archived replay

Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives OAK BROOK, Ill., June 13, 2024 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Jennifer Sherman, President and Chief Executive Officer of Federal Signal Corporation, was named an Entrepreneur Of The Year® 2024 Midwest Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. Ms. Sherman was selected by an independent judging panel made up of previous award winners, leading CEOs and other business leaders. Candidates were evaluated based on their ability to create long-term value through entrepreneurial

OAK BROOK, Ill., May 16, 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 KeyBanc Capital Markets 2024 Industrials and Basic Materials Conference in Boston, Massachusetts, on Thursday, May 30, 2024. The Company's current investor presentation is available on the Investors section of the Company's website at www.federalsignal.com. About Federal Signal Federal Signal Cor

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")

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

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

William Blair initiated coverage of Federal Signal with a rating of Outperform

DA Davidson downgraded Federal Signal from Buy to Neutral and set a new price target of $66.00 from $68.00 previously

Sidoti downgraded Federal Signal from Buy to Neutral and set a new price target of $50.00

KeyBanc Capital Markets downgraded Federal Signal from Overweight to Sector Weight

DA Davidson upgraded Federal Signal from Neutral to Buy and set a new price target of $46.00 from $39.00 previously

Raymond James reiterated coverage of Federal Signal with a rating of Strong Buy and set a new price target of $46.00 from $52.00 previously

Keybanc reiterated coverage of Federal Signal with a rating of Overweight and set a new price target of $48.00 from $55.00 previously

Raymond James reiterated coverage of Federal Signal with a rating of Strong Buy and set a new price target of $52.00 from $56.00 previously

Raymond James reiterated coverage of Federal Signal with a rating of Strong Buy and set a new price target of $56.00 from $48.00 previously

DA Davidson reiterated coverage of Federal Signal with a rating of Neutral and set a new price target of $47.00 from $45.00 previously

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.

Federal Signal's (NYSE:FSS) short percent of float has risen 11.45% since its last report. The company recently reported that it has 637 thousand shares sold short, which is 1.46% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.89 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest

William Blair analyst Ross Sparenblek initiates coverage on Federal Signal (NYSE:FSS) with a Outperform rating.

"Demand for our products and our aftermarket offerings remains strong, with both our orders and backlog this quarter again setting new Company records," noted Sherman

Federal Signal (NYSE:FSS) reported quarterly Adj earnings of $0.64 per share which beat the analyst consensus estimate of $0.57 by 12.28 percent. This is a 39.13 percent increase over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $424.900 million which missed the analyst consensus estimate of $425.613 million by 0.17 percent. This is a 10.22 percent increase over sales of $385.500 million the same period last year.

Federal Signal's (NYSE:FSS) short percent of float has fallen 7.55% since its last report. The company recently reported that it has 745 thousand shares sold short, which is 1.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.35 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest