Federal Signal Corp. (FSS) Tops Q2 EPS by 3c; Reaffirms Outlook

Federal Signal Corp. (NYSE: FSS) reported Q2 EPS of $0.29, $0.03 better than the analyst estimate of $0.26. Revenue for the quarter came in at $230.8 million versus the consensus estimate of $229 million.

Federal Signal Corp. reaffirms FY2015 EPS of $0.95-$1.02, versus the consensus of $0.99.

"We sustained our positive momentum through a strong second quarter," said Dennis J. Martin, President and Chief Executive Officer. "Our businesses continued to use 80/20 and lean initiatives to drive bottom line results. Operating margin was up in all of our groups, most significantly in our Environmental Solutions Group, and, consolidated operating margin was a record 12.7% for the quarter, up from 10.2% last year. Overall, we improved our EPS by 7% compared to last year's second quarter."

For earnings history and earnings-related data on Federal Signal Corp. (FSS) click here.

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