INSANE: Federal signal corp - The Real Truth

Federal Signal Tops Q1 Estimates, Lifts Low End Of FY22 Guidance

Federal Signal Corp (NYSE:FSS) reported first-quarter sales growth of 18% year-over-year to $330.2 million, beating the consensus of $302.71 million. Orders increased 18% Y/Y to $452.6 million for the quarter, with the backlog at $751 million (+83% Y/Y). Adjusted EPS was $0.34, beating the consensus of $0.27. ESG revenues grew 20% Y/Y…

Benzinga · May 2, 2022

Analysts Cut Federal Signal Price Target Post Q4 Results

KeyBanc analyst Steve Barger lowered the price target on Federal Signal Corp (NYSE:FSS) to $48 (an upside of 37.5%) from $55 and maintained an Overweight rating on the shares. The analyst mentions the shares declined following the company’s Q4 results and 2022 guidance. He believes the decline was driven by the EPS guide of $1.76-$2.00…

Benzinga · Mar 2, 2022