logo
  

Federal Signal Boosts FY21 Adj. EPS Outlook - Quick Facts

While reporting financial results for the second quarter on Thursday, Federal Signal Corp. (FSS) raised its adjusted earnings guidance for the full year 2021.

For fiscal 2021, the company now projects adjusted earnings in a range of $1.78 to $1.90 per share, up from the prior forecast range of $1.73 to $1.85 per share.

On average, seven analysts polled by Thomson Reuters expect the company to report earnings of $1.82 per share for the year. Analysts' estimates typically exclude special items.

"The strength of our second quarter earnings, our record backlog and improving aftermarket demand in North America gives us increased confidence in the year," said Jennifer Sherman, President and CEO.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
IntegraDose Compounding Services, LLC has recalled a total of eleven lots of antibiotic medication cefazolin in the form of injection for the potential lack of sterility assurance, the U.S. Food and Drug Administration or FDA said in a statement. The lack of sterility resulted from compounding in a newly installed biologic safety cabinet without completing dynamic smoke study testing. While reporting financial results for the fourth quarter on Thursday, professional services company Accenture Plc (ACN) initiated earnings and revenue growth outlook for the full-year 2022, above analysts' estimates and also provided revenue outlook for the first quarter. For fiscal 2022, the company... Impossible Foods Inc., a plant-based meat maker, is bringing its new plant-based pork product to the restaurants in U.S., Hong Kong and Singapore. Starting Thursday, Impossible pork will be available at Momofuku Ssäm Bar in Manhattan, New York City. It will serve Spicy Rice Cakes with Impossible Pork Ragu. Restaurants across the U.S. and Hong Kong can now order Impossible Pork for their menus.
RELATED NEWS
Follow RTT