Federal Signal: Fourth Quarter Earnings Overview

Federal Signal Corp. Announces Fourth-Quarter Financial Results

Federal Signal Corp., headquartered in Downers Grove, Illinois, revealed a net income of $60.8 million for the fourth quarter.

The company reported earnings of $0.99 per share, with adjusted earnings—excluding certain one-time items—reaching $1.16 per share.

These results surpassed the expectations of Wall Street analysts, who, according to a Zacks Investment Research survey, had anticipated earnings of $1.08 per share.

Federal Signal, which supplies a variety of products such as street sweepers and toll booth systems to government, industrial, and commercial clients, generated $597.1 million in revenue during the quarter.

For the full year, the company posted a profit of $246.6 million, or $4.01 per share, on total revenue of $2.18 billion.

Looking ahead, Federal Signal projects its annual earnings to fall between $4.50 and $4.80 per share, with expected revenue ranging from $2.55 billion to $2.65 billion.

Financial data for this report was provided by Zacks Investment Research and compiled by Automated Insights.