Federal Signal Q2 Adj $0.95 Beats $0.84 Estimate, Sales $490.40M Beat $486.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Federal Signal (NYSE:FSS) reported strong Q2 earnings, with adjusted EPS of $0.95 beating estimates by 13.1% and sales of $490.40M surpassing expectations by 0.87%. This marks significant year-over-year growth in both earnings and sales.
July 25, 2024 | 12:02 pm
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Federal Signal reported Q2 adjusted EPS of $0.95, beating the estimate of $0.84 by 13.1%. Sales were $490.40M, exceeding the $486.19M estimate. This represents significant year-over-year growth in both earnings and sales.
The strong earnings and sales performance, beating analyst estimates and showing significant year-over-year growth, are likely to positively impact Federal Signal's stock price in the short term.
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