L B Foster Co reports results for the quarter ended in December - Earnings Summary

L B Foster

05/03/2024 23:44

* L B Foster Co  FSTR.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of
$-4.09.  The mean expectation of two analysts for the quarter
was for earnings of one cent per share. Wall Street expected
results to range from -3 cents to 5 cents per share.
    * Revenue fell 1.7% to $134.88 million from a year ago;
analysts
expected $129.36 million. 
    * L B Foster Co's reported EPS for the quarter was a loss
of 4
cents​.
    * The company reported a quarterly loss of $430 thousand.
    * L B Foster Co shares had risen by 10.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "buy"

Wall Street's median 12-month price target for L B Foster Co is
$20.13 
This summary was machine generated from LSEG data March 5 at
11:44 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.01           -0.04          Missed
 Sep. 30 2023      0.25           0.05           Missed
 Jun. 30 2023      0.27           0.32           Beat
 Mar. 31 2023      -0.15          -0.20          Missed