Federal Signal (FSS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.42
- Estimate
- $1.29
- Surprise
- +10.4%
- Revenue (period 2026-06-30)
- $670.2M
- Score at report (before → after)
- 6.6 → 6.6/10
Revenue source: xbrl.
How the report landed
Federal Signal (FSS) beat the $1.29 estimate with adjusted EPS of $1.42 — a large 10.4% upside surprise. TrendMatrix's engine moved from Hold (6.6/10) to Buy (Wait) at 6.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates FSS Sell at 6.0/10.
4 of the last 4 quarters beat the estimate; this quarter's +10.4% surprise compares with a +12.9% four-quarter average. Next scheduled report: 2027-02-24.
What supports the rating
- Strong earnings beat streak (4/4)
- Wide economic moat
What argues against it
- Thin upside margin: 7.7%
- Sector modifier (Industrials): -0.7
- Reward/Risk 0.9:1 at current price — below 1.5:1 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $114.16
- Price target
- $122.92
- Stop
- $106.17
- Upside to target
- +7.7%
- Reward-to-risk
- 0.9:1
The stock trades at 24.4× trailing but 20.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
FSS at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Farm & Heavy Construction Machinery
- Market cap
- $7.20B
- P/E (fwd)
- 20.3
- P/E (ttm)
- 24.4
- 52-week range
- $101.19–$134.51
- Off 52-week high
- 15.1%
- RSI (14)
- 53
- Volume vs avg
- 0.53×
- Score today
- 6.0/10