Federal Signal Shares Rally Premarket After 2026 Guidance Lifted

Dow Jones
Apr 29
 

By Robb M. Stewart

 

Federal Signal's shares jumped ahead of the opening bell after the maker of environmental and safety solutions boosted its full-year guidance following a stronger-than expected start to the year.

In premarket trading, the shares were 13% higher at $126.65. The stock has already risen 2.9% so far this year, and is up 48% over the last 12 months.

The Downers Grove, Ill., company recorded first-quarter net income of $70.4 million, or $1.14 a share, up from $46.3 million, or 75 cents, a year earlier.

On an adjusted basis, per-share earnings rose to $1.18, beating the 88 cents a share mean estimate of analysts polled by FactSet.

Sales for the three months climbed 35% year-over-year to $625.6 million, topping the $580 million analysts anticipated.

Federal Signal said orders for the first quarter totaled $623 million, an increase of $55 million from the prior-year quarter. Its backlog at March 31 stood at $1.04 billion, compared with $1.1 billion a year earlier.

The company said that given its first-quarter performance and backlog, it now expects full-year adjusted earnings of between $4.80 and $5.05 a share, where it previously was targeting $4.50 to $4.80. Sales for the year are now expected to be between $2.57 billion and $2.66 billion, against a prior range of $2.55 billion to $2.65 billion.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

April 29, 2026 09:06 ET (13:06 GMT)

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