---
title: Federal Signal Finishes Record Year with Fourth Quarter Operating Income up 58%; Projects Continued Momentum in 2019
description: Oak Brook, Illinois, February 28, 2019 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the fourth quarter and year ended December 31, 2018. • Q4 operating income of $33.4 million, up $12.3 million, or 58%, compared to last year • Q4 net sales of $279 million, up $32 million, or 13% compared to last year
---

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### Federal Signal Finishes Record Year with Fourth Quarter Operating Income up 58%; Projects Continued Momentum in 2019

by [Admin](https://www.federalsignal.com/fs-news/author/admin), on Feb 28, 2019 12:00:00 AM

**Oak Brook, Illinois, February 28, 2019** — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today reported results for the fourth quarter and year ended December 31, 2018.

• Q4 operating income of $33.4 million, up $12.3 million, or 58%, compared to last year

• Q4 net sales of $279 million, up $32 million, or 13% compared to last year

• GAAP EPS of $0.53 for the quarter, up 10% from last year, and $1.53 for the year, up 53%

• Adjusted EPS of $0.39 for the quarter, up 63% from last year, and $1.43 for the year, up 68%

• Projecting another strong year in 2019, with adjusted EPS* outlook of $1.48 to $1.60

[View](https://www.federalsignal.com/hubfs/fss_2019-2-28_q4_2018_earnings_release.pdf) the complete release

## Comments

## Safe Harbor

### “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

Information on our website may contain unaudited financial info and various forward-looking statements as of the date hereof and we undertake no obligation to update these forward-looking statements regardless of new developments or otherwise. Statements included in information on our website that are not historical are forward-looking statements. Such statements are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Such risks and uncertainties include but are not limited to: economic and political uncertainty, risks and adverse economic effects associated with geopolitical conflicts, legal and regulatory developments, foreign currency exchange rate changes, inflationary pressures, product and price competition, supply chain disruptions, availability and pricing of raw materials, interest rate changes, risks associated with acquisitions such as integration of operations and achieving anticipated revenue and cost benefits, work stoppages, increases in pension funding requirements, cybersecurity risks, increased legal expenses and litigation results and other risks and uncertainties described in filings with the Securities and Exchange Commission.

**Contact**: Ian Hudson, Chief Financial Officer, +1-630-954-2000,   
[IHudson@federalsignal.com](mailto:IHudson@federalsignal.com)

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