UPDATE 1-Federal Signal Q4 profit tops market view


* Q4 EPS of $0.18 from cont ops vs est $0.12 * Q4 sales fall 11 pct Feb 23 (Reuters) - Diversified manufacturer Federal Signal Corp posted quarterly profit that comfortably went past market expectations, boosted by a combination of lower operating expenses and greater demand for its fire rescue platforms. For the fourth quarter, the maker of security systems and street sweepers posted net income of $22.7 million, or 46 cents a share, compared with a net loss of $11.2 million, or 23 ...

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