Federal Signal (FSS) to Release Quarterly Earnings on Tuesday

Federal Signal (NYSE:FSS) is set to issue its quarterly earnings data before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.55 per share for the quarter. Federal Signal has set its FY24 guidance at $2.85-3.05 EPS and its FY 2024 guidance at 2.850-3.050 EPS.Parties that wish to register for the company’s conference call can do so using this link.

Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Tuesday, February 27th. The conglomerate reported $0.74 EPS for the quarter, beating the consensus estimate of $0.67 by $0.07. The business had revenue of $448.40 million during the quarter, compared to analysts’ expectations of $422.45 million. Federal Signal had a return on equity of 16.88% and a net margin of 9.14%. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $0.57 EPS. On average, analysts expect Federal Signal to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Federal Signal Stock Up 0.9 %

FSS opened at $83.88 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.91 and a quick ratio of 1.36. The business has a 50 day simple moving average of $82.14 and a 200-day simple moving average of $74.80. The stock has a market capitalization of $5.12 billion, a P/E ratio of 32.64 and a beta of 1.03. Federal Signal has a 12 month low of $49.84 and a 12 month high of $88.47.

Federal Signal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be issued a $0.12 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.48 annualized dividend and a dividend yield of 0.57%. Federal Signal’s dividend payout ratio is currently 18.68%.

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.