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

L B Foster

08/08/2023 15:26

* L B Foster Co  FSTR.OQ  reported quarterly adjusted
earnings of
33 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
27 cents per share.
    * Revenue rose 12.6% to $148.03 million from a year ago;
analysts
expected $141.41 million. 
    * L B Foster Co's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had risen by
about 25.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * L B Foster Co shares had fallen by 0.6% this quarter and
gained 46.7% so far this year.
    * The company reported quarterly net income of $3.53
million.
    * Wall Street's median 12-month price target for L B Foster
Co is
$14.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 02:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.27           0.33           Beat
 Mar. 31 2023      -0.15          -0.20          Missed
 Dec. 31 2022      0.03           -4.09          Missed
 Sep. 30 2022      0.06           0.31           Beat