Will Federal Signal (FSS) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Federal Signal (FSS) is a strong candidate for investors looking for stocks that consistently beat earnings estimates and may continue this trend in the upcoming quarterly report [1] Company Performance - Federal Signal has a history of surpassing earnings estimates, averaging a 10.21% beat over the last two quarters [2] - In the most recent quarter, the company reported earnings of $0.88 per share against an expectation of$0.82, resulting in a surprise of 7.32% [3] - For the previous quarter, Federal Signal's earnings were $0.95 per share compared to an estimate of$0.84, leading to a surprise of 13.10% [3] Earnings Estimates - There has been a favorable change in earnings estimates for Federal Signal, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [4] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5] Earnings ESP Details - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6] - Federal Signal currently has an Earnings ESP of +0.69%, suggesting increased analyst optimism regarding its near-term earnings potential [7] Upcoming Earnings Report - The next earnings report for Federal Signal is expected to be released on February 26, 2025 [7]