Federal Signal (FSS) Reports In-Line Q3 EPS; Raises Mid-Point of Guidance
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Federal Signal Reports Third Quarter Results Including Double-Digit Sales and Earnings Growth, Strong Orders and Record Backlog; Raises Mid-Point of Full-Year EPS and Net Sales Outlook
November 3, 2022 8:01 AM EDTOAK BROOK, Ill., Nov. 3, 2022 /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, 2022.
Third Quarter Highlights
Net sales of $346 million, up $48 million, or 16%, from last year, including organic growth of $27 million, or 9%GAAP EPS of $0.52, up $0.05, or 11%, from last yearAdjusted EPS of $0.53, up $0.05, or 10%, from last yearOrders of $382 million, up $32 million, or 9%,... More