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L b Foster Company (NASDAQ: FSTR) |
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Price: $19.6300
$0.14 
0.718%
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| Day's High:
| $19.81
| Week Perf:
| 0.05 %
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| Day's Low: |
$ 19.58 |
30 Day Perf: |
1.19 % |
| Volume (M): |
48 |
52 Wk High: |
$ 29.77 |
| Volume (M$): |
$ 946 |
52 Wk Avg: |
$22.16 |
| Open: |
$19.67 |
52 Wk Low: |
$14.23 |
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| Market Capitalization (Millions $) |
207 |
| Shares
Outstanding (Millions) |
11 |
| Employees |
1,065 |
| Revenues (TTM) (Millions $) |
504 |
| Net Income (TTM) (Millions $) |
36 |
| Cash Flow (TTM) (Millions $) |
-1 |
| Capital Exp. (TTM) (Millions $) |
10 |
L B Foster Company
Formed in 1902, L.B. Foster Company is a Pennsylvania corporation with its
principal office in Pittsburgh, PA. L.B. Foster Company is a leading manufacturer
and distributor of products and services for the transportation and energy infrastructure.
L.B. Foster Company’s Rail Products and Services (“Rail”)
segment is comprised of several manufacturing and distribution businesses that
provide a variety of products and services for freight and passenger railroads
and industrial companies throughout the world. The Rail segment has sales offices
throughout the Americas and Europe, and frequently bids on rail projects where
it offers products manufactured by the Company, or sourced from numerous supply
chain partners, and aftermarket services. The Rail segment is comprised of the
following business units: Rail Products, Rail Technologies, and CXT Concrete
Ties.
Rail Products
The Rail Products business is comprised of the Company’s Rail Distribution,
Allegheny Rail, Transit, and Trackwork divisions.
Rail Distribution sells new rail mainly to passenger and shortline freight railroads,
industrial companies, and rail contractors for the replacement of existing lines
or expansion of new lines. Rail accessories sold by the Rail Distribution division
include track spikes, bolts, angle bars, and other products required to install
or maintain rail lines. These products are manufactured by the Company or purchased
from other manufacturers and distributed accordingly.
The Company’s Allegheny Rail Products (“ARP”) division engineers
and fabricates insulated rail joints and related accessories for freight and
passenger railroads and industrial customers. Insulated joints are manufactured
at the Company’s facilities in Pueblo, CO and Niles, OH.
The Company’s Transit Products division supplies power rail, direct fixation
fasteners, coverboards, and special accessories primarily for passenger railroad
systems. These products are fabricated at Company facilities or by subcontractors
and are usually sold by sealed bid to passenger railroads or to rail contractors.
The Company’s Trackwork division sells trackwork products to Class II
and III railroads, industrial, and export markets.
Company Address: 415 Holiday Drive Pittsburgh 15220 PA
Company Phone Number: 928-3400 Stock Exchange / Ticker: NASDAQ FSTR
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Customers Net Income fell by |
FSTR's Customers Net Profit Margin fell to |
-19.38 % |
8.31 %
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| Stock Performances by Major Competitors |
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| L B Foster Company
The Iron & Steel company, L.B. Foster Company, has shown impressive growth in its recent financial period ending March 31, 2024. With a revenue elevation of 7.586% year on year to $124.25 million, the company was able to reach profitability again and exhibit earnings per share of $0.40. This is a stark contrast to the previous quarter where revenue deteriorated by -7.859% and EPS turned positive from a negative -$0.04 per share.
Additionally, L.B. Foster Company booked net earnings of $4.467 million in the recent financial period, showing a significant improvement compared to a net deficit of $-2.133 million in the comparable quarter a year ago. The company also highlighted its improving profit margins, with the net margin rising to 3.6% and operating margin edging up to 1.84%. Operating earnings saw a substantial increase of 353.88% to $2.283 million.
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| L B Foster Company
The latest financial results of L B Foster Company for the fiscal interval ending December 31, 2023, showed mixed results. While the company reported a loss of $-0.04 per share, a significant improvement from the loss of $-4.03 per share in the same quarter a year before, there are some concerning trends that investors should keep an eye on.
One of the key points to consider is the decrease in revenue, both year-over-year and sequentially. The company reported a revenue decline of -1.696% to $134.85 million from $137.17 million in the same quarter a year before, and a sequential revenue deterioration of -7.146% from $145.22 million. This decline in revenue could be indicative of slowing demand for the company's products or services.
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| L B Foster Company
he Iron & Steel industry has faced several challenges in recent times, with many companies struggling to maintain profitability and cope with declining revenue. However, L.B. Foster Company has defied the odds by achieving a positive turnaround in its fiscal third quarter of 2023. The company's operating results indicate improved profitability, increased revenue, and enhanced profit margins. This article delves into the interesting facts surrounding L.B. Foster Company's recent performance in the stock market.
Positive Financial Performance:
L.B. Foster Company's profitability witnessed a significant improvement in the fiscal third quarter of 2023. The company reported earnings per share (EPS) of $0.05, compared to a loss of $0.20 per share in the same period last year. This positive growth signifies a remarkable turnaround and shows the company's ability to adapt and thrive during challenging market conditions.
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| L B Foster Company
Financial news report:
L B Foster Company, an Iron & Steel company, has surprised many with its strong financial performance in the fiscal time-frame ending June 30, 2023. The company reported a significant increase in income per share, which rallied by 77.78% to reach $0.32 per share. Additionally, its revenue showed an impressive increment of 11.966% to reach $147.25 million, compared to the same period in the prior year.
This positive performance is in stark contrast to the overall trend observed in the Iron & Steel industry, where companies have experienced a decline of around -14.18% in their top-line revenue. L B Foster Company's ability to achieve revenue growth amid challenging industry conditions is noteworthy.
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| L B Foster Company
L B Foster Company, a company in the Basic Materials sector, recently released its financial results for the fiscal year ending on March 31, 2023. According to the report, the company's deficit has widened by $0.05 per share compared to the previous year, from $-0.15 to $-0.20. However, the company's EPS (earnings per share) has improved from $-4.03 to -$2.13 per share, a positive sign.
The company's revenue has increased significantly by 16.898% to $115.49 million from $98.79 million in the same reporting season a year before. However, L B Foster Company's revenue fell sequentially by -15.809% from $137.17 million. The company is expected to report its next financial results on August 08, 2023.
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| Per Share |
Current |
| Earnings (TTM) |
3.31 $ |
| Revenues (TTM) |
47.85 $
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| Cash Flow (TTM) |
- |
| Cash |
0.25 $
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| Book Value |
16.28 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
3.31 $
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| Revenues (TTM) |
47.85 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.25 $
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| Book Value |
16.28 $ |
| Dividend (TTM) |
0 $ |
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| Discontinued Operations Bridge Grid Deck Product |
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 0.51 % |
of total Revenue |
| Rail Technologies and Services |
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55.23 % |
of total Revenue |
| Infrastructure Solutions |
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44.77 % |
of total Revenue |
| Precast Concrete Products |
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28.84 % |
of total Revenue |
| Steel Products |
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15.92 % |
of total Revenue |
| Rail Products Rail Technologies and Services |
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29.98 % |
of total Revenue |
| Global Friction Management Rail Technologies and Services |
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15.91 % |
of total Revenue |
| Technology Services and Solutions Rail Technologies and Services |
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9.34 % |
of total Revenue |
| Point in time |
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75.21 % |
of total Revenue |
| Over time |
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24.79 % |
of total Revenue |
| Rail Technologies and Services Point in time |
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45.94 % |
of total Revenue |
| Rail Technologies and Services Over time |
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9.3 % |
of total Revenue |
| Infrastructure Solutions Point in time |
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29.27 % |
of total Revenue |
| Infrastructure Solutions Over time |
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15.49 % |
of total Revenue |
| Over time input method |
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7.92 % |
of total Revenue |
| Over time output method |
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16.87 % |
of total Revenue |
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On May 7 2024 the L B Foster provided following guidance
The L.B. Foster Company, a leading global provider of technology solutions for the rail and infrastructure sectors, has announced its first quarter results for 2024. Sales and profitability growth continue to drive momentum for the company, indicating a strong start to the year.
The company has reaffirmed its guidance for 2024, showcasing confidence in its ability to meet targets and deliver on its commitments. With a focus on innovation and customer satisfaction, L.B. Foster remains committed to providing high-quality products and services to its clients worldwide.
Investors and stakeholders can expect continued growth and success from L.B. Foster Company as it navigates the evolving market la...
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2.23%