DOWNERS GROVE, Ill. (AP) — DOWNERS GROVE, Ill. (AP) — Federal Signal Corp. (FSS) on Thursday reported third-quarter net income of $53.9 million.
The Downers Grove, Illinois-based company said it had net income of 87 cents per share. Earnings, adjusted for non-recurring costs, came to 88 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.
The company that makes products ranging from street sweepers to toll booth technology for government, industrial and commercial customers posted revenue of $474.2 million in the period.
Federal Signal expects full-year earnings in the range of $3.30 to $3.40 per share, with revenue in the range of $1.86 billion to $1.88 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSS at https://www.zacks.com/ap/FSS
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