Federal Signal (FSS) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, April 29, 2026 astatine 12:49 PM CDT 32 min read

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DATE

Wednesday, April 29, 2026 astatine 10 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Jennifer L. Sherman

• Chief Financial Officer — Ian A. Hudson

Full Conference Call Transcript

Ian volition commencement contiguous with much item connected our archetypal 4th fiscal results. Jennifer volition past supply her position connected our performance, existent marketplace conditions, our multiyear maturation initiatives, and spell implicit our revised outlook for 2026 earlier we unfastened the enactment for immoderate questions. With that, I would present similar to crook the telephone implicit to Ian.

Ian A. Hudson: Thank you, Felix. Our consolidated archetypal 4th fiscal results are provided successful today's net release. In summary, we delivered beardown fiscal results for the 4th with 35% year-over-year nett income growth, 52% operating income improvement, gross borderline expansion, a 190 ground constituent betterment successful adjusted EBITDA margin, robust currency generation, and beardown bid intake. Consolidated nett income for the 4th were $626 million, up $162 million, oregon 35%, compared to past year. Organic income maturation for the 4th was $70 million, oregon 15%. Consolidated operating income for the 4th was $99.7 million, up $34 million, oregon 52%, compared to past year. Consolidated adjusted EBITDA for the 4th was $126.3 million, up $41.2 million, oregon 48%, compared to past year.

That translates to a borderline of 20.2% successful Q1 this year, up 190 ground points compared to past year. GAAP diluted EPS for the 4th was $1.14 per share, up $0.39 per share, oregon 52%, compared to past year. On an adjusted basis, EPS for the 4th were $1.18 per share, an summation of $0.42 per share, oregon 55%, from past year. Orders for the 4th were $623 million, up $55 million, oregon 10%, from past year, contributing to a backlog astatine the extremity of the 4th of $1.04 billion. In presumption of our radical results, ESG's nett income for the 4th were $533 million, up $145 million, oregon 38%, compared to past year.

ESG's operating income for the 4th was $89.1 million, up $29.4 million, oregon 49%, compared to past year. ESG's adjusted EBITDA for the 4th was $113.3 million, up $35.8 million, oregon 46%. That translates to an adjusted EBITDA borderline for the 4th of 21.3%, an betterment of 130 ground points compared to past year. ESG reported full orders of $534 cardinal successful Q1 this year, an summation of $54 million, oregon 11%, compared to past year. SSG's nett income for the 4th were $93 million, up $17 million, oregon 22%. SSG's operating income for the 4th was $23.6 million, up $7.8 million, oregon 49%, compared to past year.