Federal Signal Q2 EPS $0.67 Beats $0.62 Estimate, Sales $442.40M Beat $425.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Federal Signal (NYSE:FSS) reported Q2 earnings of $0.67 per share, beating the analyst consensus estimate of $0.62 by 8.06%. This is a 26.42% increase from the same period last year. The company also reported quarterly sales of $442.40 million, beating the analyst consensus estimate of $425.70 million by 3.92%. This is a 20.64% increase from the same period last year.
July 27, 2023 | 12:06 pm
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Federal Signal's Q2 earnings and sales beat estimates, with increases of 26.42% and 20.64% respectively from the same period last year.
Federal Signal reported better than expected Q2 earnings and sales, which is generally a positive signal for the stock. The significant increases from the same period last year also indicate strong growth, which could further boost investor sentiment.
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