Federal Signal (FSS) Tops Q1 EPS by 12c; Raises Outlook

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Federal Signal Raises Full-Year Outlook after Reporting Strong First Quarter Earnings and Record Orders, Up 54%

May 8, 2018 8:00 AM EDT

OAK BROOK, Ill., May 8, 2018 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, today reported results for the first quarter ended March 31, 2018.

Net sales of $250 million, up $71.9 million, or 40% compared to last year Record first quarter orders of $330 million, up $115 million, or 54%, from last year GAAP EPS of $0.21, up 75% from $0.12 last year Adjusted EPS of $0.23, up 64% from $0.14 last year Raising full-year adjusted EPS* outlook to a range of $1.15 to $1.22, from a range of $1.10 to... More