Overview
Federal Signal Q3 net sales rise 17% to $555 mln, beating analyst expectations
Adjusted EPS for Q3 increases 30% to $1.14, beating consensus
Company raises 2025 adjusted EPS and net sales outlooks, reflecting confidence in performance
Outlook
Federal Signal raises 2025 adjusted EPS outlook to $4.09-$4.17
Company increases 2025 net sales outlook to $2.10-$2.14 bln
Demand for products and aftermarket offerings remains strong
Result Drivers
PRODUCTION INCREASES - Co attributes growth to increased production across several businesses
AFTERMARKET SALES - Higher sales of aftermarket offerings contributed to revenue growth
ACQUISITIONS - Contributions from recent acquisitions supported growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | Beat | $555 mln | $545.19 mln (7 Analysts) |
Q3 Adjusted EPS | Beat | $1.14 | $1.07 (7 Analysts) |
Q3 Net Income | $68.10 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Federal Signal Corp is $136.00, about 4.6% above its October 29 closing price of $129.76
The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 26 three months ago
Press Release: ID:nPn69Cyc2a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)