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

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Federal Signal Raises Full-Year Outlook after Outstanding Second Quarter

August 7, 2018 8:00 AM EDT

OAK BROOK, Ill., Aug. 7, 2018 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, today reported results for the second quarter ended June 30, 2018.

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 of $0.44, up from $0.19 last year Adjusted EPS of $0.45, up from $0.23 last year Raising full-year adjusted EPS* outlook to a range of $1.26 to $1.32, which would equate to year-over-year... More