Federal Signal Corp. (FSS) Tops Q2 EPS by 4c; Lifts Outlook

Federal Signal Corp. (NYSE: FSS) reported Q2 EPS of $0.27, $0.04 better than the analyst estimate of $0.23. Revenue for the quarter came in at $234.6 million versus the consensus estimate of $241.9 million.

Federal Signal Corp. raised FY2014 EPS to $0.83-$0.87, versus the consensus of $0.83.

Consolidated second quarter results show significant improvement," said Dennis J. Martin, President and Chief Executive Officer. "We delivered a 31% increase in operating income, a 59% improvement in adjusted earnings per share and a 21% increase in orders and backlog. Much of the improvement was again driven by our Environmental Solutions Group, which continued to leverage solid sales growth and operating efficiencies."

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

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