Federal Signal (FSS) Tops Q1 EPS by 3c; Reaffirms Outlook
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Federal Signal Corporation Reports First Quarter Earnings and Maintains Outlook for 2016
May 3, 2016 8:01 AM EDTOAK BROOK, Ill., May 3, 2016 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, today reported results for the first quarter ended March 31, 2016.
Consolidated net sales for the first quarter were $172.8 million, down 12% versus the same quarter a year ago. First quarter income from continuing operations was $10.4 million, equal to $0.17 per diluted share, compared to $14.4 million, equal to $0.22 per share, in the prior-year quarter.
The Company also reported adjusted net income from continuing operations for the first quarter of $11.7 million, equal to $0.19 per diluted share,... More
