Federal Signal (FSS) Set to Announce Earnings on Tuesday

Federal Signal (NYSE:FSS) is scheduled 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.Individual interested in registering for the company’s earnings conference call can do so using this link.

Federal Signal (NYSE:FSS) last announced its earnings results on Tuesday, February 27th. The conglomerate reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.07. Federal Signal had a net margin of 9.14% and a return on equity of 16.88%. The company had revenue of $448.40 million during the quarter, compared to analyst estimates of $422.45 million. During the same period in the previous year, the business earned $0.57 earnings per share. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. 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 Trading Up 1.5 %

NYSE FSS opened at $82.02 on Tuesday. The stock’s 50-day simple moving average is $81.78 and its two-hundred day simple moving average is $74.27. Federal Signal has a twelve month low of $49.82 and a twelve month high of $88.47. The company has a quick ratio of 1.36, a current ratio of 2.91 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 31.91 and a beta of 1.03.

Federal Signal Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a $0.12 dividend. This is an increase from Federal Signal’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, March 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.59%. Federal Signal’s payout ratio is presently 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.