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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