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Stock impact report

Federal Signal Reports Strong Start to 2020 with First Quarter Operating Income up 25%

Federal Signal Corporation (FSS) 
Last federal signal corporation earnings: 4/29 08:00 am Check Earnings Report
US:NYSE Investor Relations: federalsignal.com/investors
Company Research Source: PR Newswire
OAK BROOK, Ill., April 29, 2020 /PRNewswire/ -- Federal Signal Corporation (NYSE:FSS) (the "Company"), a leader in environmental and safety solutions, today reported results for the first quarter ended March 31, 2020.Net sales of $286 million, up $12 million, or 4%, from last year Operating income of $32.3 million, up $6.5 million, or 25%, from last year GAAP EPS of $0.38, up $0.09, or 31%, from last year Adjusted EPS of $0.39, up $0.09, or 30%, from last year Orders of $304 million, up $5 million, or 2%, from last year Record backlog of $401 million, up $37 million, or 10%, from last year Operating cash flow of $5.2 million, up $14.0 million from last year Cash and cash equivalents of $69 million, and $211 million of availability under revolving credit facilityConsolidated net sales for the first quarter were $286.1 million, up $12.3 million, or 4%, versus the same quarter a year ago. Net income for the first quarter was $23.4 million, equal to $0.38 per diluted share, compared to $1 Show less Read more
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