Why Federal Signal Stock Is Skyrocketing Today
Shares of leading environmental and safety solutions provider Federal Signal (NYSE: FSS) rose 22% as of 12 p.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence. The company reported second-quarter earnings where sales, orders, and adjusted earnings per share (EPS) rose by 15%, 14%, and 23%, respectively.
This growth, paired with management's raised 2025 guidance for 12% revenue growth and 20% adjusted earnings-per-share (EPS) growth, sent the company's shares to new all-time highs.
Federal Signal is a manufacturer that operates through two business segments -- its Environmental Solutions Group (ESG) and Safety and Security Group (SSG).
Source Fool.com
