L.B. Foster Q1 net sales rise 24% on rail segment recovery

L B Foster

04/05/2026 12:38

Overview

U.S. rail and infrastructure supplier's Q1 net sales rose 24% year-over-year

Net income improved to $1.5 mln from a loss last year

Company reaffirmed 2026 full-year guidance for sales and profitability growth

Outlook

L.B. Foster reaffirms 2026 net sales guidance of $540 mln to $580 mln

Company expects 2026 adjusted EBITDA between $41 mln and $46 mln

L.B. Foster projects 2026 free cash flow of $15 mln to $25 mln

Result Drivers

RAIL SEGMENT RECOVERY - Rail segment sales rose 38.4% on strong domestic demand and higher volumes, especially in Rail Products and Friction Management

PRECAST CONCRETE DEMAND - Infrastructure segment growth was driven by a 17.2% increase in Precast Concrete sales, offsetting lower Steel Products sales

GROSS PROFIT AND MARGIN IMPROVEMENT - Higher volumes and improved business mix, especially in Infrastructure, lifted gross profit and margin

Company press release: ID:nGNX4JGz50

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$121.10 mln
$104.30 mln (2 Analysts)
Q1 EPS
$0.14
Q1 Gross Margin
21.20%


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for L B Foster Co is $32.00, about 4.2% above its May 1 closing price of $30.70

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)