Federal Signal Corp expected to post earnings of 66 cents a share - Earnings Preview

Federal Signal

23/02/2024 13:53

* Federal Signal Corp  FSS.N   FSS  is expected to show a
rise in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Oak Brook Illinois-based  company is expected to
report a
9.5% increase in revenue to $428.583 million from $391.5 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data. (Majority is on Net Sales)
    * ​LSEG's mean analyst estimate for Federal Signal Corp is
for
earnings of 66 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Federal
Signal
Corp is $66.50​, below​ its last closing price of $81.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.65        0.66       0.71      Beat    8.1
 Jun. 30 2023  0.62        0.62       0.67      Beat    7.3
 Mar. 31 2023  0.40        0.40       0.46      Beat    14.6​
 Dec. 31 2022  0.57        0.56       0.57      Beat    1
 ​​Sep.        0.53        0.53       0.53      Met     -0.3
 30 2022                                                
 Jun. 30 2022  0.47        0.47       0.53      Beat    13.1​
 Mar. 31 2022  0.27        0.27       0.34      Beat    25.9
 Dec. 31 2021  0.38        0.38       0.40      Beat    5.3
 This summary was machine generated February 23 at 13:53 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)