NYSE$FSS

Federal Signal Corporation · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

FSS Q1 2024 — CAD 39.4M revenue, 16.00 EPS

Forward-looking statements include information concerning the Company’s possible or assumed future performance or results of operations and are not guarantees. Federal Signal Corporation reported Q1 2024 results. Diluted EPS came in at 16.00. Net income of CAD 24.2M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: CAD 39.4M.
  • Diluted EPS: 16.00.
  • Net income: CAD 24.2M.
  • Operating income: CAD 54.3.
  • Gross profit: CAD 116.

Headline financials

Total Revenue

$425M

Previous: $386M+10.2%
EPS

$0.84

Previous: $0.46+82.6%
Capital Expenditures

-$8.4M

Previous: -$6M-40.0%
Free Cash Flow

$43.2M

Previous: $21.4M+101.9%
Net Income

$51.6M

Previous: $27.4M+88.3%
Operating Income

$54.3M

Previous: $39.5M+37.5%
Gross Profit

$116M

Previous: $95.8M+21.1%
Cash & Equivalents

$48.9M

Previous: $38.4M+27.3%
Total Assets

$1.65B

Previous: $1.58B+4.2%
Stock-Based Comp

$4.4M

Previous: $2M+120.0%

Revenue & EPS history

Federal Signal · Revenue · Quarterly

$425M

Q1 2024+10.2%vs Q1 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Federal Signal · $597M total across 2 segments · Q4 2025

  • Environmental Solutions
    $504M+27.3%
  • Safety & Security Systems
    $93M+22.5%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+1.2%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+2.9%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+20.7%

Q4 2011

Best reaction

-24.9%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.7%+5.1%-4.7%
Q4 2025+1.9%+2.2%-9.0%
Q3 2025-10.5%-12.4%-12.1%
Q2 2025+17.8%+18.8%+17.3%
Q1 2025+7.6%+15.5%+24.3%
Q4 2024-11.9%-11.7%-17.2%
Q3 2024-3.5%-0.2%+14.9%
Q2 2024+5.0%+4.5%-0.6%
Q1 2024-5.7%-3.7%+2.4%
Q4 2023+0.2%-1.6%+3.4%
Q3 2023+11.2%+10.5%+21.1%
Q2 2023-0.9%-0.1%-5.6%
Q1 2023+3.4%+1.7%+5.5%
Q4 2022+6.9%+4.7%+2.7%
Q3 2022-0.1%+2.7%+6.6%
Q2 2022+7.4%+10.4%+8.3%
Q1 2022+1.8%-0.6%+4.5%
Q4 2021-4.2%-3.5%-6.5%
Q3 2021+2.6%+4.5%-4.7%
Q2 2021+1.7%-0.2%+4.1%
Q1 2021+0.4%+3.3%+2.3%
Q4 2020-4.5%-1.3%+1.7%
Q3 2020-1.3%+2.4%+10.4%
Q2 2020+5.6%+6.1%+9.9%
Q1 2020-8.6%-9.1%-1.1%
Q4 2019-5.8%-0.5%-13.4%
Q3 2019-3.8%-4.1%-3.1%
Q2 2019+8.1%+1.7%+2.9%
Q1 2019-3.6%-6.7%-16.2%
Q4 2018+7.0%+8.4%+13.3%
Q3 2018+8.0%+1.0%-2.5%
Q2 2018+7.4%+5.7%+11.2%
Q1 2018+5.7%+4.5%+9.2%
Q4 2017+7.8%+11.9%+12.3%
Q3 2017+4.7%+0.5%-0.6%
Q2 2017+0.2%-1.2%-1.2%
Q1 2017+8.4%+10.1%+11.0%
Q4 2016+0.2%-2.0%-10.6%
Q3 2016-0.3%+0.2%+30.5%
Q2 2016-5.5%-8.6%-5.8%
Q1 2016-8.1%
Q4 2015-24.9%
Q3 2015+7.6%
Q2 2015+5.8%
Q1 2015-7.8%
Q4 2014-5.8%
Q3 2014+11.5%
Q2 2014+6.8%
Q1 2014-4.2%
Q4 2013+11.1%
Q3 2013+4.0%
Q2 2013+9.8%
Q1 2013-1.5%
Q4 2012-3.2%
Q3 2012+3.3%
Q2 2012+9.9%
Q1 2012+6.1%
Q4 2011+20.7%
Q3 2011-10.4%
Q2 2011-5.8%
Q1 2011-1.5%
Q4 2010+3.8%
Q3 2010+13.9%
Q2 2010-12.5%
Q1 2010-21.1%

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