PR Newswire
DOWNERS GROVE, Ill., Oct. 31, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today reported financial results for the third quarter ended September 30, 2024.
Third Quarter Highlights
Net sales of $474 million, up $28 million, or 6%, from last yearOperating income of $75.9 million, up $13.4 million, or 21%, from last yearGAAP Diluted EPS of $0.87, up $0.16, or 23%, from last yearAdjusted EPS of $0.88, up $0.17, or 24%, from last yearBacklog of $1.03 billion, up $27 million, or 3%, from last yearOperating cash flow of $69 million, up $21 million, or 43%, from last yearRaises 2024 adjusted EPS* outlook to a new range of $3.30 to $3.40, from the prior range of $3.20 to $3.35Raises EBITDA margin targets for the Safety and Security Systems Group to a new range of 18% to 24%, from the previous range of 17% to 21%DOWNERS GROVE, Ill., Oct. 29, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) (the "Company"), a leader in environmental and safety solutions, announced today that Jennifer L. Sherman, president and chief executive officer, Ian A. Hudson, senior vice president and chief financial officer, and Felix M. Boeschen, vice president, corporate strategy and investor relations, will participate in the Baird 2024 Global Industrials Conference in Chicago, Illinois, on Tuesday, November 12, 2024.
DOWNERS GROVE, Ill., Oct. 22, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) today announced that its Board of Directors declared a quarterly cash dividend of twelve cents ($0.12) per share on its common stock. The dividend is payable on December 2, 2024 to stockholders of record at the close of business on November 15, 2024.
About Federal Signal
Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Downers Grove, Ill., with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: https://www.federalsignal.com.
DOWNERS GROVE, Ill., Oct. 17, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) (the "Company"), a leader in environmental and safety solutions, will announce third quarter earnings before the market opens on Thursday, October 31, 2024. The Company will also host an investor conference call and webcast at 10 a.m. Eastern Time the same day with Jennifer L. Sherman, president and chief executive officer, and Ian A. Hudson, senior vice president and chief financial officer.
Investors and analysts may access the webcast at www.federalsignal.com. The teleconference may be accessed 10 minutes prior to the start by calling 1-877-704-4453 and using conference ID 13749732. An archived replay of the investor conference call will be available on the Company's website shortly after the call concludes. The replay telephone number is 1-844-512-2921, pin number 13749732.
DOWNERS GROVE, Ill., Oct. 7, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) ("Federal Signal" or the "Company"), a leader in environmental and safety solutions, today announced that it has completed the acquisition of substantially all the assets and operations of Standard Equipment Company ("Standard" or "Standard Equipment"), a leading distributor of specialty maintenance and infrastructure equipment for municipal and industrial markets.
Since 1969, Standard Equipment, with its principal location in Elmhurst, Illinois, has been an important partner for several of Federal Signal's product lines including Vactor, Elgin, and TRUVAC, currently distributing these products in parts of Illinois and Indiana. Standard's comprehensive suite of product and service offerings also includes rental equipment, used equipment, parts, and repair and maintenance for key product lines.
DOWNERS GROVE, Ill., July 25, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today reported results for the second quarter ended June 30, 2024.
Second Quarter Highlights
Net sales of $490 million, up $48 million, or 11%, from last yearOperating income of $81.1 million, up $21.7 million, or 37%, from last yearGAAP EPS of $0.99, up $0.33, or 50%, from last yearAdjusted EPS of $0.95, up $0.28, or 42%, from last yearBacklog of $1.08 billion, up $73 million, or 7%, from last yearRaises 2024 adjusted EPS* outlook to a new range of $3.20 to $3.35, from the prior range of $2.95 to $3.15DOWNERS GROVE, Ill., July 23, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) today announced that its Board of Directors declared a quarterly cash dividend of twelve cents ($0.12) per share on its common stock. The dividend is payable on August 30, 2024 to stockholders of record at the close of business on August 16, 2024.
About Federal Signal
Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Downers Grove, Ill., with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: https://www.federalsignal.com.
DOWNERS GROVE, Ill., July 18, 2024 /PRNewswire/ -- Federal Signal Corporation (NYSE: FSS) (the "Company"), a leader in environmental and safety solutions, will announce second quarter earnings before the market opens on Thursday, July 25, 2024. The Company will also host an investor conference call and webcast at 10 a.m. Eastern Time the same day with Jennifer L. Sherman, president and chief executive officer, and Ian A. Hudson, senior vice president and chief financial officer.
Investors and analysts may access the webcast at www.federalsignal.com. The teleconference may be accessed 10 minutes prior to the start by calling 1-877-704-4453 and using conference ID 13747736. An archived replay of the investor conference call will be available on the Company's website shortly after the call concludes. The replay telephone number is 1-844-512-2921, pin number 13747736.
Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives
OAK BROOK, Ill., June 13, 2024 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Jennifer Sherman, President and Chief Executive Officer of Federal Signal Corporation, was named an Entrepreneur Of The Year® 2024 Midwest Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies.
Ms. Sherman was selected by an independent judging panel made up of previous award winners, leading CEOs and other business leaders. Candidates were evaluated based on their ability to create long-term value through entrepreneurial spirit, commitment to their purpose and the demonstration of growth and substantial impact, among other key indicators.
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