Federal Signal Corporation (NYSE:FSS) is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.37 per share.
Looking ahead, the full year income are expected at $ 1.61 per share on the revenues of $ 1142.73 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.53 ~ $ 1.65 per share
Click Here For More Historical Outlooks Of Federal Signal Corporation
Previous Quarter Performance
Federal Signal Corporation reported income for the second quarter of $ 0.42 per share, from the revenue of $ 270.10 million. The quarterly earnings decreased 23.64 percent while revenues contracted 16.71 percent compared with the same quarter last year.
Wall street analysts are predicting, FSS to report 2Q20 income of $ 0.31 per share from revenue of $ 264.33 million. The bottom line results beat street analysts by $ 0.11 or 35.48 percent, at the same time, top line results outshined analysts by $ 5.77 million or 2.18 percent.
Stock Performance
Shares of Federal Signal Corporation traded low $ -1.31 or -4.31 percent on Wednesday, reaching $ 29.05 with volume of 195.50 thousand shares. Federal Signal Corporation has traded high as $ 29.79 and has cracked $ 29.01 on the downward trend
According to the previous trading day, closing price of $ 29.05, representing a 30.19 % increase from the 52 week low of $ 23.32 and a 12.93 % decrease over the 52 week high of $ 34.87.
The company has a market capital of $ 1.76 billion and is part of the Industrials sector and Pollution & Treatment Controls industry.
Recent Stock Dividend Announcement
On July 27, 2020, the board of directors authorized quarterly dividend of $ 0.08 per share to holders of record as of the close of business on August 21, 2020, with payment date of September 4, 2020 and ex-dividend date on August 20, 2020.
Conference Call
Federal Signal Corporation will be hosting a conference call at 10:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.federalsignal.com
Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally. It operates through two segments, Environmental Solutions Group and Safety and Security Systems Group. The Environmental Solutions Group segment offers a range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, water blasting equipment, dump truck bodies, and trailers under the Elgin, Vactor, Guzzler, Westech, Jetstream, Ox Bodies, Crysteel, J-Craft, Duraclass, Rugby, and Travis brand names.
