Federal Signal Raises Full-Year Outlook after Outstanding Second Quarter

Go back to Federal Signal Raises Full-Year Outlook after Outstanding Second Quarter

Federal Signal (FSS) Tops Q2 EPS by 12c, Revenues Beat; Lifts FY18 EPS Views Above Consensus

August 7, 2018 8:04 AM EDT

Federal Signal (NYSE: FSS) reported Q2 EPS of $0.45, $0.12 better than the analyst estimate of $0.33. Revenue for the quarter came in at $291 million versus the consensus estimate of $271.76 million.

Net sales of $291 million, up $67 million, or 30%, from last year, including organic growth of $27 million, or 13%Orders of $278 million, up $7 million from last year, including organic growth of 3%GAAP EPS... More