Federal Signal Raises FY24 Adj EPS Outlook From $2.95 - $3.15 To $3.20 - $3.35 Vs. $3.03 Est.
Portfolio Pulse from Benzinga Newsdesk
Federal Signal Corporation has raised its FY24 adjusted EPS outlook from $2.95 - $3.15 to $3.20 - $3.35, surpassing the $3.03 estimate.
July 25, 2024 | 12:04 pm
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Federal Signal Corporation has increased its FY24 adjusted EPS outlook to a range of $3.20 - $3.35, which is higher than the previous range of $2.95 - $3.15 and above the $3.03 estimate.
The increase in the EPS outlook indicates stronger than expected financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100