Welcome to our dedicated page for Federal Signal news (Ticker: $FSS), a resource for investors and traders seeking the latest updates and insights on Federal Signal stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Federal Signal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Federal Signal's position in the market.
Federal Signal (NYSE:FSS) reported impressive first quarter results, including double-digit sales and earnings growth, with net sales of $425 million, a 10% increase from last year. Operating income rose by 37% to $54.3 million. GAAP EPS increased by 87% to $0.84, while adjusted EPS grew by 39% to $0.64. The company set new records with orders reaching $503 million and backlog at $1.10 billion. Operating cash flow surged by 341% to $31 million. The adjusted EPS outlook was raised to $2.95 to $3.15 for 2024.
