L.B. Foster (NASDAQ:FSTR - Get Free Report) is set to post its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect L.B. Foster to post earnings of ($0.16) per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
L.B. Foster (NASDAQ:FSTR - Get Free Report) last posted its quarterly earnings data on Tuesday, March 5th. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The company had revenue of $134.88 million for the quarter, compared to analysts' expectations of $127.65 million. L.B. Foster had a net margin of 0.27% and a return on equity of 2.18%. During the same period in the prior year, the company earned $0.03 earnings per share. On average, analysts expect L.B. Foster to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
L.B. Foster Stock Performance
Shares of FSTR stock traded up $0.15 during trading hours on Wednesday, reaching $23.40. 34,154 shares of the company's stock were exchanged, compared to its average volume of 40,809. The company has a market cap of $256.74 million, a P/E ratio of 180.00 and a beta of 0.78. The company's 50 day moving average is $24.78 and its two-hundred day moving average is $22.47. L.B. Foster has a 1 year low of $10.41 and a 1 year high of $27.93. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 0.99.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on FSTR shares. B. Riley upped their price target on L.B. Foster from $17.00 to $23.00 and gave the stock a "neutral" rating in a report on Wednesday, March 6th. StockNews.com cut L.B. Foster from a "strong-buy" rating to a "buy" rating in a report on Wednesday, April 10th.
View Our Latest Stock Analysis on FSTR
About L.B. Foster
(
Get Free Report)
L.B. Foster Company provides engineered and manufactured products and services for the building and infrastructure projects in the United States, Canada, the United Kingdom, and internationally. It operates through two segments: Rail, Technologies, and Services; and Infrastructure Solutions. The Rail, Technologies, and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors, as well as used rails; rail accessories, such as rack spikes, bolts, angle bars, tie plates, and other products; insulated rail joints and related accessories; fixation fasteners, coverboards, and special accessories; and trackwork products.
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