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.

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Earnings data Q1 2024

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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.

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PITTSBURGH, March 01, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global solutions provider of products and services for the rail and infrastructure markets (the "Company"), today reported its 2021 fourth quarter and full year operating results, including the performance highlights below. The Company divested its steel Piling Products division ("Piling") in September 2021, and this release reflects certain adjustments related to Piling, as appropriate.

L.B. Foster Reports Fourth Quarter and Full Year 2021 Operating Results

PITTSBURGH, Feb. 22, 2022 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release fourth quarter and full year 2021 operating results pre-market opening on Tuesday, March 1, 2022. 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 2021 Operating Results on March 1, 2022

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Steven Scruggs (Trades, Portfolio), manager of the FPA Queens Road Small Cap Value Fund, disclosed last week that his firm's top five trades during the fourth quarter of 2021 included boosts to its holdings of MGIC Investment Corp. ( MTG , Financial) and Oshkosh Corp. ( OSK , Financial) and reductions in its holdings of Treehouse Foods Inc. ( THS , Financial), L.B. Foster Co. ( FSTR , Financial) and Synaptics Inc. ( SYNA , Financial).

Steven Scruggs' Top 5 Trades of the 4th Quarter

PITTSBURGH, Dec. 02, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), announced today that Bill Thalman, Senior Vice President and Chief Financial Officer, and Bill Treacy, Senior Vice President and Chief Growth Officer, will present virtually at the Singular Research Best of the Uncovered 2021 Webinar. The Company's presentation will begin at 1:30 PM Eastern Time on Thursday, December 9, 2021.

L.B. Foster Company to Present at the Singular Research Best of the Uncovered 2021 Webinar on December 9, 2021

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COLD, ENR, KSU, FSTR, and AMED have been added to the Zacks Rank #5 (Strong Sell) List on November 26, 2021.

New Strong Sell Stocks for November 26th

PITTSBURGH, Nov. 18, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR) and Investor Relations firm, Lytham Partners will host a Virtual Investor Day on December 14th, 2021, starting at 11:00 a.m. Eastern Time.

L.B. Foster to Host Virtual Investor Day on December 14th, 2021

L.B. Foster Company (FSTR) CEO John Kasel on Q3 2021 Results - Earnings Call Transcript

L.B. Foster (FSTR) delivered earnings and revenue surprises of -91.67% and 0.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

L.B. Foster (FSTR) Q3 Earnings Miss Estimates

PITTSBURGH, Oct. 26, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release third quarter 2021 operating results pre-market on Tuesday, November 2, 2021. 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 Third Quarter 2021 Operating Results on November 2, 2021

PITTSBURGH, Oct. 26, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (the “Company”) (NASDAQ: FSTR) recently launched a new service to provide sign language accessibility for its mobile and fixed Inform Media digital display units currently offered to rail transits and air travel system operators throughout the Americas and Europe. The Company's innovative mobile, wireless, and battery-powered digital display totems provide passengers with important travel, disruption, and onward journey information.

L.B. Foster Launches Digital Signage Solution to Improve Accessibility for Deaf, Hard-of-Hearing, or Visually Impaired Rail and Air Transportation Passengers

PITTSBURGH, Sept. 29, 2021 (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 Fall 2021 Investor Conference. The Company's presentation will begin at 8:45 AM Eastern Time on Wednesday, October 6, 2021.

L.B. Foster Company to Present at Lytham Partners Fall 2021 Investor Conference on October 6, 2021

L.B. Foster Co (NASDAQ: FSTR) has completed the sale of its steel Piling Products line of business to J.D. Fields & Company for ~$24 million in total proceeds.

L.B. Foster Closes Sale Of Steel Piling Products Business

PITTSBURGH, Sept. 27, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the Company), a leading provider of products and services for the rail industry and solutions to support critical infrastructure projects, announced today that it completed the sale of its steel Piling Products line of business to J.D. Fields & Company, Inc. on September 24, 2021 for approximately $24 million in total proceeds. The Company is retaining all pre-closing receivables and liabilities associated with the business. The asset sale includes all inventory held by the Company associated with the line of business, as well as the related fixed assets, including its Petersburg, VA facility.

L.B. Foster Announces Sale of Steel Piling Products Business

PITTSBURGH, Sept. 09, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), announced today that Bill Thalman, Senior Vice President and Chief Financial Officer, and Jim Kempton, Corporate Controller and Principal Accounting Officer, will present virtually at the Singular Research Compelling Values 2021 Webinar. The Company's presentation will begin at 1:00 PM Eastern Time on Thursday, September 16, 2021.

L.B. Foster Company to Present at the Singular Research Compelling Values 2021 Webinar on September 16, 2021

L.B. Foster's (FSTR) subsidiary, Chemtec, is well placed to provide metering and additive injection systems for new facilities being built to support increasing demand for renewable and sustainable fuels.

L.B. Foster's (FSTR) Unit Provides Flow Metering Solutions

L B Foster Co (NASDAQ: FSTR) subsidiary Chemtec Energy Services, LLC  has contracted with Howard Energy Partners to design and build five custody transfer metering skids for the delivery of various feedstocks and the transfer of clean-burning, renewable diesel once the fuel is produced at a new facility in Port Arthur, Texas. The financial terms of the contract were not disclosed.

L B Foster Subsidiary Provides Flow Metering Solutions For Texas Plant

HOUSTON, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Chemtec Energy Services, LLC. (“Chemtec”), a wholly owned subsidiary of L.B. Foster Company (“Company”) announced that it has contracted with Howard Energy Partners (“HEP”) to design and build five custody transfer metering skids for the delivery of various feedstocks and the transfer of clean burning, renewable diesel once the fuel is produced at a new facility in Port Arthur, Texas.

Chemtec Energy Services Provides Flow Metering Solutions for New Biomass-Based Diesel Plant

PITTSBURGH, Aug. 16, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (the "Company") (NASDAQ: FSTR), a leading provider of products and services for the rail industry and solutions to support critical infrastructure projects, today announced that on August 13, 2021, it entered into a Fourth Amended and Restated Credit Agreement (“Credit Agreement”) to, among other considerations, extend the facility maturity date to August 13, 2026, increase borrowing capacity to $130 million, improve pricing, and provide a more accommodating covenant package. The Credit Agreement is available for working capital financing, capital expenditures, issuance of letters of credit, permitted acquisitions, and general corporate purposes.

L.B. Foster Company Expands and Extends Credit Agreement on More Favorable Terms

L.B. Foster Company (FSTR) CEO John Kasel on Q2 2021 Results - Earnings Call Transcript

L. B. Foster Co (NASDAQ: FSTR) reported second-quarter sales growth of 9.2% year-over-year to $154.5 million, beating the consensus estimate of $141.23 million. Adjusted EPS decreased to $0.27 from $0.66 in 2Q20, misses consensus estimates of $0.31.

L. B. Foster Reports Mixed Q2 Results, Margin Contraction

L.B. Foster (FSTR) delivered earnings and revenue surprises of 0.00% and 9.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

L.B. Foster (FSTR) Q2 Earnings Match Estimates

L.B. Foster (FSTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate L.B. Foster (FSTR) to Report a Decline in Earnings: What to Look Out for

PITTSBURGH, July 27, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), today announced that it will release second quarter 2021 operating results pre-market on Tuesday, August 3, 2021. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business on Tuesday, August 3, 2021 at 11:00 a.m. Eastern Time. A presentation will be available on the Company's website under the Investor Relations page on August 3, 2021 immediately after the Company's earnings release.

L.B. Foster Company to Report Second Quarter 2021 Operating Results on August 3, 2021

L.B. Foster Co (NASDAQ: FSTR) has been awarded a $7 million subcontract to supply infrastructure materials to rehabilitate existing upstream approach walls for a new lock at the U.S. Army Corps of Engineers (USACE) Soo Locks Complex in Sault Ste. Marie, Michigan.

L.B. Foster Secures $7M Subcontract For USACE Soo Locks Construction Project

PITTSBURGH, July 13, 2021 (GLOBE NEWSWIRE) -- L.B. Foster Company (the “Company”) (NASDAQ: FSTR) has been awarded a $7 million subcontract to supply infrastructure materials for the rehabilitation of existing upstream approach walls for a new lock at the U.S. Army Corps of Engineers (USACE) Soo Locks Complex in Sault Ste. Marie, Michigan. The Company is supplying approximately 5,750 tons of steel piling to construction firm Kokosing-Alberici, LLC, a joint venture between two major infrastructure companies: Kokosing Industrial of Westerville, Ohio, and Alberici Constructors of St. Louis, Missouri.

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