Revenue Update on Federal Signal Corporation(NYSE:FSS)

Federal Signal Corporation(NYSE:FSS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $172.30M. Analysts estimated a revenue of $180.05M. Earnings per share were $0.17. Analysts had estimated an EPS of $0.19.

Federal Signal Corporation (FSS) shares turned negative on Thursdays trading session with the shares closing down -0.04 points or -0.32% at a volume of 3,45,279. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.76. The peak price level was also seen at $12.76 while the days lowest was $12.51. Finally the shares closed at $12.61. The 52-week high of the shares is $17.23 while the 52-week low is $11.16. According to the latest information available, the market cap of the company is $756 M.

Federal Signal Corporation has also declared a cash dividend of $0.0700 on Jul 26, 2016. The shares will quote ex-dividend on Aug 12, 2016 and the record date has been fixed on Aug 16, 2016. The dividend payable date has been fixed on Aug 26, 2016.

Several Insider Transactions has been reported to the SEC. On Mar 3, 2016, Julie A Cook (VP – Human Resources) purchased 4,250 shares at $11.82 per share price.Also, On Mar 2, 2016, John L Workman (director) purchased 5,000 shares at $11.33 per share price.

Federal Signal Corporation designs and manufactures a suite of products and integrated solutions for municipal governmental industrial and commercial customers. Federal Signal Corporation and its subsidiaries operate 12 manufacturing facilities in six countries around the world. The Company operates in three segments: Environmental Solutions Safety and Security Systems and Fire Rescue. Environmental Solutions is a manufacturer and supplier of a range of street sweeper and vacuum trucks and waterblasting equipment for municipal and industrial customers. Safety and Security Systems is a manufacturer and supplier of systems and products that law enforcement fire rescue emergency medical services campuses military facilities and industrial sites use to protect people and property. Fire Rescue is a manufacturer and supplier of vehiclemounted aerial platforms for fire fighting rescue electric utility and industrial uses.

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