Profits and Pretensions: Federal Signal’s Soaring Shares Through a Wilde Lens

If management is to be believed—and belief, in the markets, is less a virtue than a vice—they have furnished the world with an augury of 12% revenue growth and a portly 20% lift in adjusted EPS for 2025. This is all one could desire, save perhaps for the explanation of how cyclical gravity has momentarily been suspended. The shares, undaunted by pesky realities, ascended to record highs with all the decorum of a champagne cork at a bachelor’s table.







