Core Viewpoint - Federal Signal Corporation will announce its fourth quarter earnings on February 26, 2025, and will host an investor conference call and webcast on the same day [1]. Group 1: Earnings Announcement - The earnings announcement is scheduled before the market opens on February 26, 2025 [1]. - The investor conference call will take place at 10 a.m. Eastern Time on the same day [1]. Group 2: Access Information - Investors and analysts can access the webcast through the company's website [2]. - The teleconference can be accessed by calling 1-877-704-4453 with a conference ID of 13751729, starting 10 minutes prior to the call [2]. - An archived replay of the investor conference call will be available shortly after the call concludes [2]. Group 3: Company Overview - Federal Signal Corporation, founded in 1901, is a leader in environmental and safety solutions [3]. - The company designs, manufactures, and supplies products for municipal, governmental, industrial, and commercial customers [3]. - It operates two main groups: Environmental Solutions and Safety and Security Systems [3].

Core Viewpoint - Federal Signal Corporation has completed the acquisition of Waterblasting, LLC, owner of Hog Technologies, for an initial purchase price of $78.1 million, with potential earn-out opportunities based on financial performance in 2025 [1][5] Group 1: Acquisition Details - The acquisition includes substantially all assets and operations of Hog Technologies, a leading manufacturer of truck-mounted road-marking, line-removal, and waterblasting equipment [1] - The initial purchase price is funded through existing cash and borrowings under the Company's revolving credit facility, subject to customary adjustments [1] - Federal Signal has also agreed to acquire Hog's primary manufacturing facility in Stuart, Florida for $14.5 million [1] Group 2: Company Background and Market Position - Hog Technologies, founded in 1988, is recognized for its innovative products serving infrastructure, municipal, and airport markets, including patented runway rubber-removal systems [2] - Hog generated annual revenues of approximately $65 million in 2024, with aftermarket parts and services accounting for about 35% of total revenues [4] Group 3: Strategic Alignment and Future Outlook - The acquisition aligns with Federal Signal's strategic priorities to grow its specialty vehicle platform and enhance its leadership in the infrastructure maintenance sector [4] - Management anticipates the acquisition will be accretive to earnings and cash flow in 2025, with further outlook details to be provided during the fourth quarter 2024 earnings call [5]

Core Insights - Milestone Scientific Inc. has received approval for its CompuFlo® Epidural System on the Federal Supply Schedule (FSS), enhancing its position as a contractor for federal healthcare systems [1][2][7] - The FSS designation allows Milestone Scientific to offer pre-negotiated pricing for its products, streamlining procurement for government agencies [2] - The CompuFlo® Epidural System utilizes patented Dynamic Pressure Sensing Technology®, improving patient safety and comfort during epidural procedures [3] Federal Healthcare Opportunities - The FSS approval opens significant opportunities within federal healthcare systems, including the Department of Defense (DoD), the Department of Veterans Affairs (VA), and the Indian Health Service (IHS) [4][5][6] - The Veterans Health Administration (VHA) serves 9.1 million veterans, with one-third experiencing chronic pain, indicating a substantial market for effective pain management solutions [4] - The Military Health System (MHS) serves approximately 9.5 million beneficiaries, with a significant percentage of active-duty service members experiencing chronic pain, highlighting the need for innovative pain management [5] - The Indian Health Service (IHS) provides healthcare to 2.8 million individuals, with 19.3% experiencing chronic pain, particularly among women and older adults [6] Company Strategy and Leadership - The CEO of Milestone Scientific emphasized that securing the FSS approval is a pivotal achievement that validates the efficacy and safety of the CompuFlo® technology [7] - The company has been preparing for this approval by developing a robust pipeline of opportunities across the VA, DoD, and IHS, aiming to drive adoption of the CompuFlo® Epidural System [8]

Industry Overview - The Zacks Diversified Operations industry is benefiting from strong performance in aerospace, defense, and oil & gas sectors, driven by growth in commercial aviation and demand in medical and life sciences [1][4] - Companies in this industry operate across various markets including oil and gas, industrial, electronics, aviation, and healthcare, providing equipment and solutions [3] Major Trends - Strong demand from defense and governmental sectors, along with increased exploration activities in oil and gas, is positively impacting the industry [4] - Continuous investments in innovation and technological advancements are expected to drive growth, with a focus on digitizing business operations to enhance productivity and cost management [5] Challenges - The manufacturing sector is experiencing persistent weakness, with the Manufacturing Purchasing Manager's Index at 46.5% in October, indicating contraction [6] - Supply-chain disruptions, particularly regarding electrical and electronic components, are a concern for industry participants, as reflected in slower deliveries [7] Industry Performance - The Zacks Diversified Operations industry holds a Zacks Industry Rank of 61, placing it in the top 24% of over 250 Zacks industries, indicating strong prospects [8] - The industry's earnings estimates for the current year have increased by 14.4% over the past year, reflecting positive analyst sentiment [9] - Over the past year, the industry has underperformed the S&P 500, rising 13.7% compared to the S&P 500's 36.6% growth [11] Valuation - The industry is currently trading at a forward P/E of 15.42X, compared to the S&P 500's 22.43X, indicating potential undervaluation [12] Notable Companies - **PDD Holdings**: A multinational commerce group with a strong e-commerce business model, showing a 16.2% increase in shares over the past year and a 0.5% upward revision in 2024 earnings estimates [12][13] - **Federal Signal Corporation**: This company has seen a 38.9% increase in shares over the past year, benefiting from strong aftermarket demand and effective pricing actions [14][15]

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...

Federal Signal (FSS) has been on a downward spiral lately with significant selling pressure. After declining 11% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a sto ...

Federal Signal Corporation (NYSE:FSS) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Felix Boeschen – Vice President-Corporate Strategy and Investor Relations Jennifer Sherman – President and Chief Executive Officer Ian Hudson – Chief Financial Officer Conference Call Participants Mike Shlisky – D.A. Davidson Jacob Moore – KeyBanc Capital Markets Sam Karlov – William Blair Chris Moore – CJS Securities Greg Burns – Sidoti & Co. Dave Storms – Stonegate Operator Greetings an ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-6003 _____________________________________________ FEDERAL SIGNAL CORPO ...

Federal Signal Q3 2024 Earnings Call October 31, 2024 Jennifer Sherman, President & Chief Executive Officer Ian Hudson, SVP, Chief Financial Officer Felix Boeschen, VP, Corporate Strategy & Investor Relations Safe Harbor This presentation contains unaudited financial information and various forward-looking statements as of the date hereof and we undertake no obligation to update these forwardlooking statements regardless of new developments or otherwise. Statements in this presentation that are not historic ...

Federal Signal (FSS) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.32%. A quarter ago, it was expected that this company that makes products ranging from street sweepers to toll booth technology for government, industrial and commercial customers would post earnings of $0.84 per s ...