Federal Signal (FSS) Tops Q3 EPS by 5c, Updates Outlook
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Federal Signal Raises Full-Year Outlook after Reporting Strong Third Quarter Results
October 29, 2020 8:00 AM EDTOAK BROOK, Ill., Oct. 29, 2020 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) (the "Company"), a leader in environmental and safety solutions, today reported results for the third quarter ended September 30, 2020.
Third Quarter Highlights
Net sales of $280 million Operating margin of 12.2%, compared to 12.5% last year Adjusted EBITDA margin of 16.4%, exceeding high end of target range, and up from 16.1% last year GAAP EPS of $0.41 Adjusted EPS of $0.42 Orders of $266 million, up $65 million, or 32%, compared to the second quarter of 2020 Year-to-date... More