Federal Signal Corporation reported a strong financial quarter with significant growth in sales, operating income, and EBITDA across both major segments. The company successfully executed strategic initiatives and increased its guidance for 2025, demonstrating confidence in continued growth. Despite some increased expenses and external uncertainties related to tariffs, the overall performance and outlook remain robust.

Company Guidance

During the Federal Signal Corporation Second Quarter Earnings Conference Call, the company provided updated guidance for 2025. Notably, the guidance for full-year adjusted EPS was increased to a range of $3.92 to $4.10, up from the previous range of $3.63 to $3.90. Additionally, net sales guidance was revised to a range of $2.07 billion to $2.13 billion, compared to the prior range of $2.02 billion to $2.10 billion. The call also highlighted record-setting financial performance in Q2, with net sales reaching $565 million, a 15% increase year-over-year, and adjusted EBITDA rising by 21% to $118.2 million, translating to an adjusted EBITDA margin of 20.9%. The Environmental Solutions Group (ESG) reported 18% sales growth, while the Safety and Security Systems Group (SSG) achieved a 17% increase in adjusted EBITDA. The company continued to emphasize strong order intake, with second-quarter orders totaling $540 million, a 14% increase from the previous year, and a backlog of $1.08 billion. The guidance and performance metrics reflect Federal Signal's strategic initiatives and operational efficiencies, which have contributed to their financial success and forward-looking optimism.

Strong Financial Performance

Federal Signal Corporation reported a 15% year-over-year net sales growth, with consolidated net sales reaching $565 million. Operating income improved by 20%, and adjusted EBITDA increased by 21% compared to last year.

Record-Setting Orders and Backlog

Customer demand remained strong with orders totaling $540 million, a 14% increase from last year, resulting in a backlog of $1.08 billion.

Environmental Solutions Group (ESG) Growth

ESG's net sales increased by 18%, and adjusted EBITDA grew by 26%. The group's adjusted EBITDA margin improved by 150 basis points to 23.1%.

Safety and Security Systems Group (SSG) Performance

SSG achieved 3% top-line growth and a 17% increase in adjusted EBITDA, with a 320 basis point improvement in adjusted EBITDA margin.

Increased Guidance for 2025

The company raised its full-year adjusted EPS outlook to $3.92 to $4.10 and its net sales outlook to $2.07 billion to $2.13 billion.

Successful Execution of Strategic Initiatives

Federal Signal highlighted success in its 'good, better, best' product strategy, channel optimization, and aftermarket growth, contributing to long-term growth.

Strong Cash Flow Generation

Cash from operations increased by 47% year-over-year, with $60 million generated in Q2, contributing to total cash from operations of $96 million in the first half of the year.

Federal Signal (FSS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FSS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	1.08 / -	0.88	―	―	―
Jul 30, 2025	2025 (Q2)	1.06 / 1.17	0.95	23.16% (+0.22)
Apr 30, 2025	2025 (Q1)	0.73 / 0.76	0.64	18.75% (+0.12)
Feb 26, 2025	2024 (Q4)	0.87 / 0.87	0.74	17.57% (+0.13)
Oct 31, 2024	2024 (Q3)	0.83 / 0.88	0.71	23.94% (+0.17)
Jul 25, 2024	2024 (Q2)	0.84 / 0.95	0.67	41.79% (+0.28)
Apr 30, 2024	2024 (Q1)	0.56 / 0.64	0.46	39.13% (+0.18)
Feb 27, 2024	2023 (Q4)	0.66 / 0.74	0.57	29.82% (+0.17)
Nov 02, 2023	2023 (Q3)	0.66 / 0.71	0.53	33.96% (+0.18)
Jul 27, 2023	2023 (Q2)	0.62 / 0.67	0.53	26.42% (+0.14)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FSS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$104.74	$123.81	+18.21%
Apr 30, 2025	$75.46	$81.22	+7.63%
Feb 26, 2025	$90.35	$79.62	-11.88%
Oct 31, 2024	$84.29	$81.10	-3.78%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Federal Signal Corp. (FSS) report earnings?

Federal Signal Corp. (FSS) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Federal Signal Corp. (FSS) earnings time?

Federal Signal Corp. (FSS) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FSS EPS forecast?

FSS EPS forecast for the fiscal quarter 2025 (Q3) is 1.08.

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