What is Sidoti's Forecast for Federal Signal Q3 Earnings?

Key Points

• Sidoti analyst G. Burns raised the forecast for Federal Signal's Q3 2026 EPS to $1.24, up from a prior estimate of $1.23 in a note dated April 30.
• Sidoti also bumped its full-year estimates — FY2026 to $4.90 (from $4.65) and FY2027 to $5.32 — and nudged several quarterly forecasts, signaling expectations for stronger organic growth and margin improvement.
• Those upgrades follow Federal Signal's strong Q1 beat (reported $1.18 EPS vs. $0.89 consensus and $625.6M revenue, +35% YoY), after which management raised FY2026 guidance to $4.80–$5.05.

Federal Signal Corporation (NYSE:FSS - Free Report) - Investment analysts at Sidoti upped their Q3 2026 EPS estimates for shares of Federal Signal in a note issued to investors on Thursday, April 30th. Sidoti analyst G. Burns now expects that the conglomerate will post earnings of $1.24 per share for the quarter, up from their previous estimate of $1.23. The consensus estimate for Federal Signal's current full-year earnings is $4.71 per share. Sidoti also issued estimates for Federal Signal's Q4 2026 earnings at $1.23 EPS, FY2026 earnings at $4.90 EPS, Q1 2027 earnings at $1.20 EPS, Q2 2027 earnings at $1.39 EPS, Q3 2027 earnings at $1.37 EPS, Q4 2027 earnings at $1.36 EPS and FY2027 earnings at $5.32 EPS.

Federal Signal (NYSE:FSS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.29. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The firm had revenue of $625.60 million for the quarter, compared to analysts' expectations of $579.87 million. During the same period in the previous year, the company posted $0.76 EPS. The company's quarterly revenue was up 35.0% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS.

Several other equities analysts have also recently commented on FSS. KeyCorp restated an "overweight" rating and set a $140.00 price target on shares of Federal Signal in a report on Thursday. Wall Street Zen cut shares of Federal Signal from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Finally, CJS Securities upgraded shares of Federal Signal from a "market perform" rating to a "market outperform" rating and set a $140.00 price target on the stock in a report on Thursday, February 26th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $134.25.

Federal Signal Trading Up 1.5%

Federal Signal stock opened at $123.27 on Friday. The company's fifty day simple moving average is $112.42 and its 200-day simple moving average is $113.58. The company has a quick ratio of 1.35, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. Federal Signal has a 12 month low of $80.79 and a 12 month high of $132.89. The stock has a market cap of $7.51 billion, a P/E ratio of 28.02, a P/E/G ratio of 1.84 and a beta of 1.33.

Institutional Investors Weigh In On Federal Signal

A number of large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its position in Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate's stock worth $26,000 after purchasing an additional 142 shares during the period. Palladiem LLC bought a new position in shares of Federal Signal in the fourth quarter valued at approximately $27,000. Physician Wealth Advisors Inc. raised its position in shares of Federal Signal by 57.2% in the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 91 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of Federal Signal by 3,100.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate's stock valued at $30,000 after purchasing an additional 248 shares during the period. Finally, Covestor Ltd raised its position in shares of Federal Signal by 118.0% in the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate's stock valued at $30,000 after purchasing an additional 151 shares during the period. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a $0.15 dividend. The ex-dividend date is Friday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal's dividend payout ratio is currently 13.64%.

Trending Headlines about Federal Signal

Here are the key news stories impacting Federal Signal this week:

• Positive Sentiment: Q1 results materially beat expectations — $1.18 EPS vs. $0.89 consensus and $625.6M revenue vs. ~$579.9M — and management raised FY2026 guidance to $4.80–$5.05 and lifted Safety & Security Group (SSG) EBITDA margin targets, supporting higher earnings visibility. Federal Signal Reports First Quarter Results
• Positive Sentiment: Sidoti updated its model upward across several periods — raising FY2026 to $4.90 (from $4.65) and FY2027 to $5.32 (from $5.24) and nudging multiple quarterly estimates — which signals analysts are baking in stronger organic growth and margin improvement.
• Neutral Sentiment: Earnings call transcript and supporting materials are available for details on backlog, margin drivers and capital allocation (useful for modeling but no new news). FSS Q1 2026 Earnings Call Transcript
• Negative Sentiment: One small downgrade: Sidoti trimmed its Q2 2027 EPS view to $1.39 from $1.42 — a modest pullback that may temper near‑term quarter‑by‑quarter expectations but is minor relative to the broader upgrades.

Federal Signal Company Profile

Federal Signal Corporation NYSE: FSS, headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.

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