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

Federal Signal Corporation (NYSE:FSS) – Analysts at Sidoti boosted their Q3 2026 EPS estimates for shares of Federal Signal in a research 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 prior forecast 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) last released its earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. The firm had revenue of $625.60 million during the quarter, compared to analyst estimates of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The business’s revenue was up 35.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS.

Other research analysts have also issued research reports about the stock. CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price for the company in a research report on Thursday, February 26th. Wall Street Zen lowered shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, KeyCorp reissued an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research report on Thursday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Federal Signal currently has an average rating of “Moderate Buy” and an average price target of $134.25.

Federal Signal Stock Up 1.5%

Federal Signal stock opened at $123.27 on Friday. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 28.02, a P/E/G ratio of 1.84 and a beta of 1.33. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.35. Federal Signal has a fifty-two week low of $80.79 and a fifty-two week high of $132.89. The firm has a fifty day moving average price of $112.42 and a two-hundred day moving average price of $113.58.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its position in Federal Signal by 140.6% in 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 in the last quarter. Palladiem LLC acquired a new position in Federal Signal in the fourth quarter worth about $27,000. Physician Wealth Advisors Inc. raised its position in Federal Signal by 57.2% in the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after purchasing an additional 91 shares in the last quarter. Covestor Ltd raised its position in Federal Signal by 118.0% in the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 151 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in 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 worth $30,000 after purchasing an additional 248 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Announces Dividend

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

Key Federal Signal News

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.