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

Federal Signal

02/05/2023 14:32

* Federal Signal Corp  FSS.N  reported quarterly adjusted
earnings
of 46 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 40 cents per share.
    * Revenue rose 16.7% to $385.50 million from a year ago;
analysts
expected $370.66 million. 
    * Federal Signal Corp's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.5%
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 4.4% this
quarter and
gained 11.6% so far this year.
    * The company reported quarterly net income of $27.4
million.
    * Wall Street's median 12-month price target for Federal
Signal
Corp is $63.00 
    * 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 May
2 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.40           0.46           Beat
 Dec. 31 2022      0.56           0.57           Beat
 Sep. 30 2022      0.53           0.53           Met
 Jun. 30 2022      0.47           0.53           Beat