Federal Signal (FSS) Tops Q1 EPS by 6c, Revenues Miss; Withdraws FY20 EPS Outlook
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Federal Signal Reports Strong Start to 2020 with First Quarter Operating Income up 25%
April 29, 2020 8:00 AM EDTOAK BROOK, Ill., April 29, 2020 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) (the "Company"), a leader in environmental and safety solutions, today reported results for the first quarter ended March 31, 2020.
Net sales of $286 million, up $12 million, or 4%, from last year Operating income of $32.3 million, up $6.5 million, or 25%, from last year GAAP EPS of $0.38, up $0.09, or 31%, from last year Adjusted EPS of $0.39, up $0.09, or 30%, from last year Orders of $304 million, up $5 million, or 2%, from last year Record backlog of $401 million, up $37 million,... More