The earnings call revealed a strong financial performance with record-setting results and significant year-over-year growth across key metrics. Despite some increases in expenses, the company's robust demand, strong order intake, and raised guidance for 2025 indicate a positive outlook.

Company Guidance -

Q3 2025

During the Federal Signal Corporation's second quarter 2025 earnings call, the company increased its full-year guidance following record-setting financial results. The quarter saw a 15% year-over-year growth in net sales, reaching $565 million, and a 20% increase in operating income to $97.7 million. The adjusted EBITDA margin improved by 100 basis points to 20.9%, contributing to an adjusted EPS of $1.17, up 23% from the prior year. Orders rose by 14% to $540 million, while the backlog increased to $1.08 billion. Given these results, Federal Signal raised its full-year adjusted EPS outlook to between $3.92 and $4.10 and its net sales projection to between $2.07 billion and $2.13 billion. The company also updated its through-cycle EBITDA margin targets for the Environmental Solutions Group to 18-24% and the consolidated margin to 16-22%, reflecting confidence in ongoing strategic initiatives and market demand.

Record-Setting Q2 Financial Performance

Federal Signal achieved new quarterly records in net sales, operating income, adjusted EBITDA, adjusted EBITDA margin, and adjusted EPS.

Strong Year-Over-Year Growth

Consolidated net sales increased by 15%, operating income improved by 20%, and adjusted EBITDA rose by 21% compared to last year.

Robust Demand and Order Intake

Customer demand remained strong with orders of $540 million, a 14% increase year-over-year, marking the highest ever second quarter order intake for the company.

Environmental Solutions Group (ESG) Performance

ESG reported an 18% increase in net sales and a 26% rise in adjusted EBITDA, with a significant contribution from acquisitions and aftermarket offerings.

Safety and Security Systems Group (SSG) Success

SSG delivered a 3% top line growth, a 17% increase in adjusted EBITDA, and a 320 basis point improvement in margin, driven by proactive price/cost management and volume increases.

Cash Flow and Debt Management

Generated $60 million of cash from operations in Q2, a 47% increase year-over-year, with significant financial flexibility to invest in growth and return cash to stockholders.

Increased Guidance for 2025

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

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

Daily Earnings Calendar >

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	$104.86	$123.95	+18.21%
Apr 30, 2025	$75.55	$81.31	+7.62%
Feb 26, 2025	$90.45	$79.71	-11.87%
Oct 31, 2024	$84.38	$81.19	-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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