💨 Abstract

Federal Signal Corp., based in Downers Grove, Illinois, reported first-quarter net income of $46.3 million, beating Wall Street expectations with earnings of 76 cents per share (adjusted). However, revenue of $463.8 million did not meet forecasts. The company, which manufactures products for government, industrial, and commercial customers including street sweepers and toll booth technology, expects full-year earnings between $3.63

Courtesy: wtop.com

Summarized by Einstein Beta 🤖