Federal Signal Corp. (FSS) reported that its fourth-quarter profit from continuing operations decreased to $4.9 million or $0.08 per share, from $6.5 million or $0.11 per share last year. Net profit was $4.8 million or $0.08 per share, compared to a loss of $15.2 million or $0.25 per share prior year. Net sales increased to $217.7 million from $195.0 million a year ago.
On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.11 for the quarter. Analysts' estimates typically exclude speical items. Analysts expected revenue of $208.35 million for the quarter.
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