Federal Signal Corp reports results for the quarter ended in December - Earnings Summary

Federal Signal

01/03/2023 14:40

* Federal Signal Corp  FSS.N  reported quarterly adjusted
earnings
of 57 cents​​ per share for the quarter ended in December. The
mean expectation of seven analysts for the quarter was
for earnings of 56 cents per share.
    * Revenue rose 29.9% to $391.50 million from a year ago;
analysts
expected $379.69 million. 
    * Federal Signal Corp's reported EPS for the quarter was 57
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Federal Signal Corp shares had risen by 13.6% this
quarter.
    * The company reported quarterly net income of $34.6
million.
    * Wall Street's median 12-month price target for Federal
Signal
Corp is $52.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 02:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.56           0.57           Beat
 Sep. 30 2022      0.53           0.53           Met
 Jun. 30 2022      0.47           0.53           Beat
 Mar. 31 2022      0.27           0.34           Beat