Investing.com - Federal Signal reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Federal Signal announced earnings per share of $0.53 on revenue of $346M. Analysts polled by Investing.com EPS of $0.53 on revenue of $369.07M.
Federal Signal 's are down 26.01% and is trading at $45.85 , still down 6.20% from its 52 week high of $48.88 set on Monday, November 15, 2021.
Federal Signal shares lost 1.03% to trade at $45.85 in intra-day trade the report.
Federal Signal follows other major Industrials sector earnings this month
Federal Signal's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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