Federal Signal Raises Annual Earnings Guidance

On November 2, Federal Signal Corp. (FSS) reported its third-quarter earnings of $0.24 per share, which is an increase of $0.07 per share over the previous year. In addition, the company increased its earnings guidance for the year 2017. Previous estimates were for EPS of $0.77 to $0.80, but Federal Signal increased those estimates to between $0.79 and $0.82.

Sonal picked up the news and sent an alert at 9:49 am. The next trade was at 9:50 am for $21.41.

 

The stock price continued to rise through the afternoon before closing for the day at $23.06. That makes a gain of almost 8% following the news alert.

 

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