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

L B Foster

09/05/2023 14:33

* L B Foster Co  FSTR.OQ  reported a quarterly adjusted loss
of 20
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 15
cents per share.
    * Revenue rose 16.9% to $115.49 million from a year ago;
analysts
expected $112.76 million. 
    * L B Foster Co's reported EPS for the quarter was a loss
of 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1,650% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * L B Foster Co shares had fallen by 4.6% this quarter and
gained 13.1% so far this year.
    * The company reported a quarterly loss of $2.15 million.
    * Wall Street's median 12-month price target for L B Foster
Co is
$14.25 
    * 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 May
9 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.15          -0.20          Missed
 Dec. 31 2022      0.03           -4.09          Missed
 Sep. 30 2022      0.06           0.31           Beat
 Jun. 30 2022      0.18           0.18           Met