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

Federal Signal

27/07/2023 15:21

* Federal Signal Corp  FSS.N  reported quarterly adjusted
earnings
of 67 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 62 cents per share.
    * Revenue rose 20.6% to $442.40 million from a year ago;
analysts
expected $425.70 million. 
    * Federal Signal Corp's reported EPS for the quarter was 66
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
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 fallen by 3.2% this
quarter and
gained 33.3% so far this year.
    * The company reported quarterly net income of $40.3
million.
    * Wall Street's median 12-month price target for Federal
Signal
Corp is $68.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:20 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.62           0.67           Beat
 Mar. 31 2023      0.40           0.46           Beat
 Dec. 31 2022      0.56           0.57           Beat
 Sep. 30 2022      0.53           0.53           Met