Federal Signal Corporation (FSS) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Federal Signal Corporation (FSS) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.17 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.19. The company posted revenue of $172.30 million in the period, compared to analysts expectations of $179.85 million. The company’s revenue was down -16.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Federal Signal Corporation closed down -0.62 points or -4.46% at $13.29 with 3,36,236 shares getting traded on Thursday. Post opening the session at $13.58, the shares hit an intraday low of $12.75 and an intraday high of $13.58 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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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