Federal Signal Corp. (FSS) posted second-quarter 2012 net loss of $16.5 million or $0.26 per share, compared with a profit of $4.4 million or $0.07 per share a year earlier. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.11 for the quarter. Analysts' estimates typically exclude one-time items.
Net sales of $204.4 million, increased 16% versus $175.6 million last year. Two analysts estimated sales of $210.90 million for the quarter.
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