Federal Signal (NYSE:FSS – Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.950-3.150 for the period, compared to the consensus estimate of 3.000. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion. Federal Signal also updated its FY24 guidance to $2.95-3.15 EPS.
Federal Signal Price Performance
Shares of FSS traded down $4.20 during trading hours on Tuesday, reaching $80.98. 436,258 shares of the stock traded hands, compared to its average volume of 347,336. Federal Signal has a 52-week low of $50.71 and a 52-week high of $88.47. The company has a current ratio of 2.91, a quick ratio of 1.36 and a debt-to-equity ratio of 0.29. The company has a market cap of $4.94 billion, a P/E ratio of 32.29 and a beta of 1.03. The company’s 50-day moving average price is $82.24 and its two-hundred day moving average price is $75.06.
Federal Signal (NYSE:FSS – Get Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The conglomerate reported $0.74 EPS for the quarter, beating the consensus estimate of $0.67 by $0.07. Federal Signal had a return on equity of 16.88% and a net margin of 9.14%. The business had revenue of $448.40 million for the quarter, compared to the consensus estimate of $422.45 million. During the same period in the previous year, the business earned $0.57 earnings per share. The business’s revenue was up 14.5% on a year-over-year basis. On average, analysts anticipate that Federal Signal will post 2.99 earnings per share for the current year.
Federal Signal Announces Dividend
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.
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