Federal Signal Corporation (FSS) Releases Earnings Results, Beats Expectations By $0.03 EPS

Federal Signal Corporation (FSS) reported quarterly earnings results on Tuesday, May-3-2016. The company said it had a profit of $0.19 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.16. The company posted revenue of $172.80 million in the period, compared to analysts expectations of $177.00 million. The company’s revenue was down -12.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Federal Signal Corporation opened for trading at $13.82 and hit $13.88 on the upside on Monday, eventually ending the session at $13.88, with a gain of 1.39% or 0.19 points. The heightened volatility saw the trading volume jump to 2,43,553 shares. Company has a market cap of $866 M.

In a different news, on Mar 3, 2016, Julie A Cook (VP – Human Resources) purchased 4,250 shares at $11.82 per share price. According to the SEC, on Mar 2, 2016, John L Workman (director) purchased 5,000 shares at $11.33 per share price.

Federal Signal Corporation designs and manufactures a suite of products and integrated solutions for municipal governmental industrial and commercial customers. Federal Signal Corporation and its subsidiaries operate 12 manufacturing facilities in six countries around the world. The Company operates in three segments: Environmental Solutions Safety and Security Systems and Fire Rescue. Environmental Solutions is a manufacturer and supplier of a range of street sweeper and vacuum trucks and waterblasting equipment for municipal and industrial customers. Safety and Security Systems is a manufacturer and supplier of systems and products that law enforcement fire rescue emergency medical services campuses military facilities and industrial sites use to protect people and property. Fire Rescue is a manufacturer and supplier of vehiclemounted aerial platforms for fire fighting rescue electric utility and industrial uses.

Federal Signal Corporation

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