Federal Signal On Thursday Raised Full-Year Adj. EPS Outlook From $3.20-$3.35 To $3.30-$3.40, Narrowed Full-Year Net Sales Outlook From $1.85B-$1.90B To $1.86B-$1.88B
Portfolio Pulse from Benzinga Newsdesk
Federal Signal has raised its full-year adjusted EPS outlook to $3.30-$3.40 and narrowed its full-year net sales outlook to $1.86B-$1.88B.
November 01, 2024 | 11:11 am
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Federal Signal has increased its full-year adjusted EPS outlook and narrowed its net sales forecast, indicating a positive financial performance.
The increase in EPS outlook suggests improved profitability, which is a positive indicator for investors. The narrowing of the sales forecast range also provides more certainty about expected revenues. These factors are likely to positively impact the stock price in the short term.
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