Federal Signal Q2 Adjusted Earnings, Net Sales Up; Raises 2024 Adjusted EPS Outlook-May 2024-www.financetom.com

Federal Signal Q2 Adjusted Earnings, Net Sales Up; Raises 2024 Adjusted EPS Outlook

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Federal Signal Q2 Adjusted Earnings, Net Sales Up; Raises 2024 Adjusted EPS Outlook

Jul 25, 2024 6:17 AM

08:45 AM EDT, 07/25/2024 (MT Newswires) -- Federal Signal ( FSS ) reported Q2 adjusted earnings Thursday of $0.95 per diluted share, up from $0.67 a year earlier.

Analysts polled by Capital IQ expected $0.84.

Net sales for the quarter ended June 30 were $490.4 million, up from $442.4 million a year earlier.

Analysts polled by Capital IQ expected $487.4 million.

For full year 2024, the company said it now expects adjusted diluted EPS of $3.20 to $3.35, raising the previous outlook of $2.95 to $3.15. Analysts surveyed by Capital IQ are expecting $3.08.

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