Federal Signal Corporation Reports 8% Higher EPS and Raises Outlook

by Admin, on Nov 3, 2015 12:00:00 AM

Federal Signal Corporation Reports 8% Higher EPS and Raises Outlook

• Operating income of $25.9 million for the quarter, up 4% versus last year

• Earnings per share of $0.26 for the quarter, up 8% compared to $0.24 last year

• Operating cash flow of $41 million, up 96% from $21 million last year

• Raises 2015 earnings outlook to a range of $1.00 to $1.04 per share

Oak Brook, Illinois, November 3, 2015 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the third quarter ended September 30, 2015. Consolidated net sales for the third quarter were $205.8 million, down 6% versus the same quarter a year ago. Third quarter income from continuing operations was $16.4 million, equal to $0.26 per diluted share, compared to $15.2 million, equal to $0.24 per share, in the prior-year quarter.

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