Federal Signal (NYSE:FSS – Get Free Report) updated its FY24 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.95-3.15 for the period, compared to the consensus estimate of $3.00. The company issued revenue guidance of $1.85-1.90 billion, compared to the consensus revenue estimate of $1.88 billion. Federal Signal also updated its FY 2024 guidance to 2.950-3.150 EPS.
Federal Signal Price Performance
Shares of NYSE FSS traded up $1.12 during mid-day trading on Thursday, hitting $81.46. 201,774 shares of the stock traded hands, compared to its average volume of 351,115. The firm has a 50 day simple moving average of $82.28 and a two-hundred day simple moving average of $75.24. Federal Signal has a twelve month low of $50.71 and a twelve month high of $88.47. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.82 and a quick ratio of 1.36. The company has a market cap of $4.97 billion, a PE ratio of 27.12 and a beta of 1.02.
Federal Signal (NYSE:FSS – Get Free Report) last announced its earnings results on Tuesday, April 30th. The conglomerate reported $0.64 EPS for the quarter, topping the consensus estimate of $0.55 by $0.09. The firm had revenue of $424.90 million for the quarter, compared to the consensus estimate of $425.58 million. Federal Signal had a return on equity of 17.36% and a net margin of 10.31%. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.46 EPS. As a group, equities research analysts forecast that Federal Signal will post 2.99 EPS for the current fiscal year.
Federal Signal Announces Dividend
About Federal Signal
Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.
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