Federal Signal Corp expected to post earnings of 84 cents a share - Earnings Preview

Federal Signal

23/07/2024 18:21

* Federal Signal Corp  FSS.N   FSS  is expected to show a
rise in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Downers Grove Illinois-based  company is expected to
report
a 9.9% increase in revenue to $486.19 million from $442.4
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Federal Signal Corp is
for
earnings of 84 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $83.50​, below​ its last closing price of $95.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.56        0.57       0.64      Beat    13.2
 Dec. 31 2024  0.65        0.66       0.74      Beat    12.7
 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.        0.40        0.40       0.46      Beat    14.6
 31 2023                                                
 Dec. 31 2022  0.57        0.56       0.57      Beat    1​
 Sep. 30 2022  0.53        0.53       0.53      Met     -0.3
 Jan. 1 0001   0.47        0.47       0.53      Beat    13.1
 This summary was machine generated July 23 at 17:21 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)