L. B. Foster

L.B. Foster Co. engages in providing products and services for the rail industry and solutions to support infrastructure projects. It operates through the following segments: Rail Technologies & Services, Precast and Steel Products & Measurement. The Rail Technologies & Services segment consists of manufacturing and distribution businesses that provide products and services for freight and passenger railroads and industrial companies. The Precast Concrete Products segment involves manufacturing, distribution, and service businesses that provide products and services for the transportation, energy, and general infrastructure markets in North America. The Steel Products and Measurement segment designs, manufactures, and supplies steel bridge products to contractors performing installation and repair work to North American transportation infrastructure network. The company was founded by Lee B. Foster in 1902 and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

L.B. Foster (FSTR) reports robust Q4 performance and outlines growth plans

L.B. Foster's Q4 2022 earnings call showcased strong financial performance, strategic transformation success, and positive outlook for 2023. The company's focus on acquisitions, divestitures, and growth initiatives underpins its confidence in future prospects.

L.B. Foster reports robust Q1 performance, sets ambitious revenue targets

L.B. Foster delivered a strong Q1 performance with notable sales growth, margin expansion, and improved liquidity metrics.
The company's strategic focus on organic growth, cost management, and shareholder value enhancement underpins its long-term financial objectives.
While facing revenue guidance challenges, L.B. Foster remains committed to achieving ambitious revenue and EBITDA targets by 2025.
Navigating market dynamics and seizing growth opportunities will be crucial for L.B. Foster to sustain its financial momentum and drive shareholder value.

L.B. Foster (FSTR) posts strong Q2 results, eyes $600M sales by 2025

L.B. Foster demonstrates robust growth and strategic focus in Q2 2023.
Management prioritizes organic growth, profitability, and shareholder value.
Analysts seek insights on backlog, price realization, and future plans.
Company aims for significant sales and EBITDA targets by 2025.

L.B. Foster reports solid Q3 results, eyes domestic market growth

L.B. Foster's Q3 performance showed strong sales growth and cash flow generation, with a focus on debt reduction. Challenges include soft order intake and backlog decline. The company sees opportunities in domestic markets and remains cautious about the U.K.

L.B. Foster (FSTR) exceeds expectations in Q4, eyes 2025 growth

L.B. Foster (FSTR) delivered strong financial performance in Q4 and exceeded full-year guidance, showcasing resilience and growth potential.
While facing challenges such as declining sales due to divestitures, the company's strategic transformation and financial discipline position it well for future success.
Opportunities lie in optimizing costs, achieving 2025 targets, and leveraging operational improvements for sustained growth and profitability.
Overall, L.B. Foster (FSTR) remains focused on driving value for shareholders through operational efficiency and strategic execution.

L.B. Foster reports robust Q1 growth, eyes infrastructure market opportunities

L.B. Foster delivered a strong performance in Q1 2024, driven by growth in organic sales and adjusted EBITDA, particularly in the rail segment.
While facing challenges such as a decrease in Infrastructure Solutions revenue and increased net debt, the company remains optimistic about growth prospects.
Opportunities lie in infrastructure market growth, strategic initiatives, and maintaining a healthy backlog for future business.
Overall, L.B. Foster's focus on profitability and transformation positions it well for continued success and achieving its financial goals.

L.B. Foster navigates Q2 challenges, eyes growth through strategic focus

L.B. Foster faces challenges from economic headwinds but remains resilient with a strategic focus on growth platforms. The company's restructuring efforts and long-term optimism position it well for future opportunities and growth.

L.B. Foster reports record-high margins and strategic growth initiatives

L.B. Foster's Q3 performance reflects strong profitability, cash generation, and strategic investments, positioning the company for sustainable growth.
Management's focus on margin improvement, capital allocation, and organic growth initiatives underscores a commitment to enhancing shareholder value.
While challenges exist in market uncertainties and balancing growth strategies, the company's positive outlook and financial health present opportunities for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

L.B. Foster's (FSTR) stock witnesses a massive surge, propelled by impressive second-quarter results.

L.B. Foster (FSTR) Stock Surges 42% in 3 Months: Here's Why

L.B. Foster Company FSTR has experienced a 31% increase in its stock value in a month, primarily driven by its second-quarter performance that exceeded expectations.

Here's Why You Should Add L.B. Foster (FSTR) to Your Portfolio

PITTSBURGH, Aug. 18, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present at the Three Part Advisors' Midwest IDEAS Investor Conference at the Gwen hotel in Chicago, IL. The Company's presentation will begin at 8:00 AM Central Time on Wednesday, August 23, 2023.

L.B. Foster Company to Present at Three Part Advisors' Midwest IDEAS Investor Conference on August 23, 2023 in Chicago, IL

L.B. Foster Company (NASDAQ:FSTR ) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Stephanie Schmidt - Investor Relations, Manager John Kasel - President and CEO William Thalman - CFO Conference Call Participants Alex Rygiel - B. Riley Securities Brett Kearney - Gabelli Funds Chris Sakai - Singular Research Operator Good day, and thank you for standing by.

L.B. Foster Company (FSTR) Q2 2023 Earnings Call Transcript

PITTSBURGH, Aug. 11, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Micro-Cap Virtual Conference on August 16, 2023 beginning at 10:45 AM EST. Presentation materials for the conference will be posted on the Company's Investor Relations website under “Presentations” the morning of the conference.

L.B. Foster to Present at Sidoti Conference; Updated Corporate Investor Presentation Posted Online

L.B. Foster (FSTR) achieves higher earnings in the second quarter on improved margins. It also beats estimates.

L.B. Foster (FSTR) Q2 Earnings and Revenues Top Estimates

L.B. Foster (FSTR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.18 per share a year ago.

L.B. Foster (FSTR) Beats Q2 Earnings and Revenue Estimates

PITTSBURGH, Aug. 08, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (Nasdaq: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the “Company”), today reported its 2023 second quarter operating results.

Increasing Momentum Evident in L.B. Foster's Second Quarter Operating Results; Company Increases 2023 Profitability Guidance

PITTSBURGH, Aug. 01, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the “Company”) today announced that it will release its second quarter operating results, pre-market opening on Tuesday, August 8, 2023. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business later that morning at 11:00 A.M. Eastern Time. A presentation will be available on the Company's website under the Investor Relations page immediately after the Company's earnings release.

L.B. Foster Company to Report Second Quarter 2023 Operating Results on August 8, 2023

L.B. Foster's (FSTR) divestment of its concrete rail tie business to Nortrak aligns with its strategic transformation initiatives.

L.B. Foster (FSTR) Completes Sale of Concrete Rail Tie Business

PITTSBURGH, July 05, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today announced that its CXT, Incorporated subsidiary has completed the sale of substantially all the operating assets of its prestressed concrete railroad tie business located in Spokane, WA to voestalpine Railway Systems Nortrak, LLC (“Nortrak”).   The Company is retaining all pre-closing accounts receivable and liabilities associated with the business, while the asset sale to Nortrak includes all owned inventory associated with the line of business, as well as the related fixed assets. Total cash proceeds from the transaction are expected to be approximately $3 million, subject to customary working capital adjustments. Revenues from the divested business, which was part of the Company's Rail, Technologies, and Services segment, totaled approximately $9 million for the trailing-twelve-months ended June 30, 2023.

L.B. Foster Company Announces Sale of Concrete Rail Tie Operations

L.B. Foster Company (NASDAQ:FSTR ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants Stephanie Listwak - IR Manager John Kasel - President and CEO William Thalman - CFO Conference Call Participants Alex Rygiel - B. Riley Securities Chris Sakai - Singular Research Brett Kearney - Gabelli ETFs Trust Operator Good day, and thank you for standing by.

L.B. Foster Company (FSTR) Q1 2023 Earnings Call Transcript

PITTSBURGH, May 11, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Senior Vice President and Chief Financial Officer, will present virtually at the Lytham Partners Spring 2023 Virtual Investor Conference. The Company's presentation will become available on-demand at 9:00 AM Eastern Time on Thursday, May 18, 2023.

L.B. Foster Company to Present at the Lytham Partners Spring 2023 Virtual Investor Conference on May 18, 2023

L.B. Foster (FSTR) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.15 per share a year ago.

L.B. Foster (FSTR) Reports Q1 Loss, Misses Revenue Estimates

PITTSBURGH, May 09, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (Nasdaq: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today reported its 2023 first quarter operating results.

Strategic Transformation Initiatives at L.B. Foster Drive Improved First Quarter Operating Results; Company Reaffirms 2023 Financial Guidance

PITTSBURGH, May 02, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release its first quarter operating results, pre-market opening on Tuesday, May 9, 2023. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business later that morning at 11:00 A.M. Eastern Time. A presentation will be available on the Company's website under the Investor Relations page immediately after the Company's earnings release.

L.B. Foster Company to Report First Quarter 2023 Operating Results on May 9, 2023

PITTSBURGH, April 07, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (the “Company”) (NASDAQ: FSTR) today announced that it has reached an agreement with 22NW, LP, one of the Company's largest shareholders, and various related parties.

L.B. Foster Reaches Agreement With 22NW, LP Invites Alexander B. Jones to Serve as a Board Observer

L.B. Foster (FSTR) divests its Precision Measurement Products and Systems business, which is expected to result in lower net sales for fiscal 2023.

L.B. Foster (FSTR) Sells Chemtec Assets, Updates FY23 Outlook

PITTSBURGH, April 03, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today announced the sale of substantially all the operating assets of its Chemtec Energy Services, L.L.C. precision measurement products and systems business located in Willis, Texas to a private buyer. Cash proceeds from the transaction are expected to total approximately $6.6 million, subject to customary working capital adjustments. Revenues from the divested business totaled approximately $25 million for the trailing-twelve-months ended March 31, 2023.

L.B. Foster Company Announces Precision Measurement Products and Systems Divestiture and Updated 2023 Financial Guidance

L.B. Foster (FSTR) gains on the strength in the Rail Products business and acquisitions in the fourth quarter.

L.B. Foster (FSTR) Q4 Earnings and Revenues Beat Estimates

L.B. Foster Company (NASDAQ:FSTR ) Q4 2022 Earnings Conference Call March 6, 2023 11:00 AM ET Company Participants Stephanie Listwak - Investor Relations Manager John Kasel - President and Chief Executive Officer William Thalman - Chief Financial Officer Conference Call Participants Alex Rygiel - B. Riley Securities Chris Sakai - Singular Research Brett Kearney - Gabelli & Company Operator Good day and thank you for standing by.

L.B. Foster Company (FSTR) Q4 2022 Earnings Call Transcript

PITTSBURGH, March 06, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), today reported its 2022 fourth quarter and full year operating results.

L.B. Foster Reports Fourth Quarter / Full Year 2022 Results, Full Year Financial Guidance for 2023, and $15 Million Stock Buyback Authorization

PITTSBURGH, Feb. 21, 2023 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release its fourth quarter and full year 2022 operating results, pre-market opening on Monday, March 6, 2023. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business later that morning at 11:00 A.M. Eastern Time. A presentation will be available on the Company's website under the Investor Relations page immediately after the Company's earnings release.

L.B. Foster Company to Report Fourth Quarter and Full Year 2022 Operating Results on March 6, 2023

PITTSBURGH, Dec. 14, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global solutions provider of products and services for the rail and infrastructure markets ("L.B. Foster" or the “Company”), is pleased to announce a strategic partnership with The FUCHS Lubricants Co, the world's largest independent lubricant manufacturer. The partnership combines L.B. Foster's renowned expertise in the development and implementation of railroad friction management technologies with FUCHS's world-class lubricant manufacturing capabilities.

L.B. Foster and FUCHS Announce Strategic Partnership to Develop Industry-Leading Friction Management Products for the Global Rail Markets

PITTSBURGH, Dec. 02, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global solutions provider of products and services for the rail and infrastructure markets, announced today that Ms. Janet Lee has been appointed to the Company's Board of Directors effective January 1, 2023, following the retirements of Ms. Suzanne B. Rowland and Robert S. Purgason on December 31, 2022.

News for L. B. Foster Stock (FSTR)