L.B. Foster (NASDAQ:FSTR) Stock, Quote.Headers.trade-ideas

L.B. Foster

L.B. Foster Co is a us-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industries. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, cover boards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Technologies and Services segment.

TESLA

Long Ideas

News

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

AMAT

DELL

FSTR

MCHP

TSLA

This Analyst With 86% Accuracy Rate Sees Around 1% Downside In Tesla - Here Are 5 Stock Picks For Last Week From Wall Street&#39;s Most Accurate Analysts

Earnings

Earnings Beats

L.B. Foster Company (NASDAQ: FSTR) registered a 14.3% rise in its stock value in the past three months thanks to robust first-quarter earnings that exceeded expectations.

Presenting an enticing investment opportunity with strong growth prospects, FSTR sports a Zacks Rank #1 (Strong Buy).

What Makes L.B. Foster Stock a Solid Choice Right Now

Equities

Guidance

Movers

L.B. Foster reported Q4 sales of $134.9M (+7.7% Y/Y), beating consensus of $129.4M. Rail segment&#39;s revenue fell 10.9%, while Infrastructure segment&#39;s revenue rose 10.3%. Gross margins expanded 200 bps. Adjusted EBITDA was $6.1M, down $1.4M Y/Y. EPS loss of $(0.04) missed consensus of $0.01. Operating cash flow was $22.1M, net debt was $52.7M. FY24 outlook: net sales $525M-$560M, adjusted EBITDA $34M-$39M, free cash flow $12M-$18M. 

L.B. Foster Shares Are Down Today: What&#39;s Going On?

L.B. Foster Co

U.S. stocks settled higher on Friday, with the S&amp;P 500 recording its best week since Nov. 2023. The S&amp;P 500 gained around 3.9%, while the Nasdaq and Dow Jones gained 5.2% and 2.9%, respectively, last week.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst&#8217;s opinion to trust.
Benzinga&#8217;s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. One of the ways traders can sort through Benzinga&#8217;s extensive database of analyst ratings is by analyst accuracy. Here&#8217;s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock</a> Ratings.
Analyst: William Stein
<ul>
<li>Analyst Firm: Truist Securities</li>
<li>Ratings Accuracy: 86%</li>
<li>Latest Rating: Maintained a Hold rating on Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) with a price target of $215 on Aug. 14. This analyst sees around 1% downside in the stock.</li>
<li>Recent News: Tesla CEO Elon Musk applauded beverage maker Happy Dad after the company's President John Shahidi shared a photograph of the company's new Cybertruck meant to be deployed in Dallas, Texas, on Sunday.</li>
</ul>
Analyst: Aaron Rakers
<ul>
<li>Analyst Firm: Wells Fargo</li>
<li>Ratings Accuracy: 85%</li>
<li>Latest Rating: Maintained an Overweight rating on Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) and slashed the price target from $175 to $150 on Aug. 14. This analyst sees around 35% upside in the stock.</li>
<li>Recent News: Dell Technologies will conduct a conference call on Thursday, Aug. 29, to discuss its fiscal 2025 second quarter financial results.</li>
</ul>
Analyst: Sidney Ho
<ul>
<li>Analyst Firm: Deutsche Bank</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Maintained a Hold rating on Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) and cut the price target from $260 to $230 on Aug. 16. This analyst sees around 11% upside in the stock.</li>
<li>Recent News: On Aug. 15, Applied Materials reported better-than-expected results for its third quarter.</li>
</ul>
Analyst: Alex Rygiel
<ul>
<li>Analyst Firm: B. Riley Securities</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Maintained a Neutral rating on L.B. Foster Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) and cut the price target from $27 to $21 on Aug. 14. This analyst sees about 11% gain in the stock.</li>
<li>Recent News: On Aug. 6, L.B. Foster posted better-than-expected quarterly sales.</li>
</ul>
Analyst: Harsh Kumar
<ul>
<li>Analyst Firm: Piper Sandler</li>
<li>Ratings Accuracy: 84%</li>
<li>Latest Rating: Upgraded rating on Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) from Neutral to Overweight and raised the price target from $90 to $100 on Aug. 16. This analyst sees around 24% upside in the stock.</li>
<li>Recent News: On Aug. 1, Microchip Technology reported mixed first-quarter financial results.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/08/40420521/jim-cramer-recommends-buying-clorox-ceo-has-done-remarkable-job">Jim Cramer Recommends Buying Clorox: &#8216;CEO Has Done Remarkable Job&#8217;</a></li>
</ul>

This Analyst With 86% Accuracy Rate Sees Around 1% Downside In Tesla - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

B. Riley Securities analyst Alex Rygiel maintains L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) with a Neutral and lowers the price target from $27 to $21.

B. Riley Securities Maintains Neutral on L.B. Foster, Lowers Price Target to $21

WIIM

L.B. Foster shares are trading lower after the company reported Q2 financial results and narrowed its FY24 net sales guidance.

Net sales now expected to range from&nbsp;$525.0 million&nbsp;to&nbsp;$550.0 million;&nbsp;adjusted EBITDA expected to range from&nbsp;$34.0 million&nbsp;to&nbsp;$37.0 million; free cash flow&nbsp;expected to be breakeven with capital spending at&nbsp;2.5%&nbsp;of sales Revised adjusted EBITDA&nbsp;guidance&nbsp;at the mid-point represents approximately&nbsp;12%&nbsp;growth year over year, down from approximately&nbsp;15%&nbsp;per previous&nbsp;guidance.
The updated&nbsp;guidance&nbsp;reflects the expected favorable impact of the announced restructuring program, with restructuring charges to be excluded from adjusted EBITDA.

L.B. Foster Revises FY24 Net Sales Forecast From $525M - $560M To $525M - $550M, Est $541.335M

<div>The Company continued an enterprise restructuring program aligned with its long-term strategy to reduce costs and enable investment in its growth platforms. The recently-announced restructuring action is expected to be completed in second half of 2024 and, along with net enterprise attrition, is expected to impact approximately 40 salaried employees, or&nbsp;7%, of salaried workforce.</div>
<div>&nbsp;</div>
<div>Annual run rate savings are expected to be&nbsp;$4.5&nbsp;million, with&nbsp;$2.0 million&nbsp;expected in 2024. Charges associated with the restructuring are expected to be approximately&nbsp;$1.5 million&nbsp;in the 2024 second half.</div>

L.B. Foster Continues Enterprise Restructuring

The modification shortens the tenure to two years (now expiring in February 2025) and removes the trailing-twelve month spending restriction, increasing flexibility to repurchase a greater amount of stock through the program expiration.

Buybacks

L.B. Foster Approves Modification To $15M Stock Repurchase Program; Shortens Tenure To Two Years

L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) reported quarterly sales of $140.796 million which beat the analyst consensus estimate of $140.337 million by 0.33 percent. This is a 4.89 percent decrease over sales of $148.030 million the same period last year.

L.B. Foster Q2 Sales $140.796M Beat $140.337M Estimate

L.B. Foster Company&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fstr#NASDAQ">FSTR</a>) registered a 14.3% rise in its stock value in the past three months thanks to robust first-quarter earnings that exceeded expectations.
Presenting an enticing investment opportunity with strong growth prospects, FSTR sports a Zacks Rank #1 (Strong Buy).
<h3>Earnings Outperformance</h3>
In the first quarter, FSTR outperformed expectations, with adjusted earnings of 8 cents per share, surpassing the Zacks Consensus Estimate of a loss of 16 cents. It pulled off a trailing four-quarter earnings surprise of around 12.6%, on average.
<h3>Robust Growth Prospects</h3>
The Zacks Consensus Estimate for FSTR&#39;s 2024 earnings is pegged at $1.72, indicating year-over-year growth of a whopping 1,233%. The consensus estimate for the current year experienced an upward revision of 13.5% in the past 60 days, underlining healthy growth potential. Moreover, earnings are expected to register 31.3% growth in second-quarter 2024.
<h3>An Outperformer</h3>
FSTR&#39;s shares are up 89.3% in a year against the industry&#39;s rise of 5.8% in the same period.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/d5/68283.jpg?v=1344125950" /> 
Image Source: Zacks Investment Research
<h3>Strong Q1 Results and Upbeat Prospects</h3>
In first-quarter 2024, FSTR demonstrated exceptional growth, with net sales reaching $124.3 million, up nearly 8% from the previous year&#39;s tally. Despite the unfavorable impact of divestiture and product line exits, the company achieved 16.9% organic growth, showcasing its robust market presence and operational strength. With a $3 million year-over-year increase in gross profit, partly due to its strategic transformation and a year-over-year reduction in net debt by $2.5 million, FSTR is positioned for continued success and stability. The company also saw a rebound in the Rail business in the quarter after a tepid 2023 with organic sales growth of 29.4%.
The company anticipates strong performance, with adjusted EBITDA expected to be between $34 million and $39 million and net sales forecast in the $525-$560 million range for 2024. FSTR projects a free cash flow of $12-$18 million for the full year, with capital spending targeted at 2-2.5% of sales. This strategic approach ensures continued investment in areas pivotal to long-term success while maintaining financial discipline.
<div class="chart_embed">
<h3>L.B. Foster Company Price and Consensus</h3>
<a href="https://www.zacks.com/stock/chart/FSTR/price-consensus-chart?icid=chart-FSTR-price-consensus-chart"><img alt="L.B. Foster Company Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/80/1717666296.png" style="height:265px; width:580px" title="" /> </a>
L.B. Foster Company price-consensus-chart | L.B. Foster Company Quote
</div>
<h3>Other Key Picks</h3>
Some other top-ranked stocks in the Basic Materials space are Carpenter Technology Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crs#NYSE">CRS</a>), sporting a Zacks Rank #1, and ATI Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ati#NYSE">ATI</a>) and Ecolab Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ecl#NYSE">ECL</a>), each carrying a Zacks Rank #2 (Buy).
CRS&#39; earnings beat the Zacks Consensus Estimate in three of the last four quarters while matching it once, with the average earnings surprise being 15.1%. The company&#39;s shares have soared 105.1% in the past year.
ATI&#39;s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the earnings surprise being 8.34%, on average. The stock has surged 53.8% in the past year.
The Zacks Consensus Estimate for Ecolab&#39;s current-year earnings is pegged at $6.59, indicating a year-over-year rise of 26.5%. The Zacks Consensus Estimate for ECL&#39;s current-year earnings has moved up in the past 30 days. ECL beat the consensus estimate in each of the last four quarters, with the earnings surprise being 1.3%, on average. The stock has rallied nearly 36.5% in the past year.
<a href="https://www.zacks.com/stock/news/2284941/what-makes-l-b-foster-fstr-stock-a-solid-choice-right-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2284941">To read this article on Zacks.com click here.</a>

B. Riley Securities analyst Alex Rygiel maintains L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) with a Neutral and raises the price target from $23 to $27.

B. Riley Securities Maintains Neutral on L.B. Foster, Raises Price Target to $27

Financial Guidance
&nbsp;
<table cellspacing="0" style="width:100%">
<tbody>
<tr>
<td style="vertical-align:top">2024 Full Year Financial Guidance</td>
<td colspan="3" style="text-align:center; vertical-align:bottom">Low</td>
<td colspan="3" style="text-align:center; vertical-align:bottom">High</td>
</tr>
<tr>
<td style="vertical-align:bottom; width:70%">Net sales</td>
<td style="text-align:right; vertical-align:bottom; width:1%">$</td>
<td style="text-align:right; vertical-align:bottom; width:11%">525,000</td>
<td style="text-align:right; vertical-align:bottom; width:1%">$</td>
<td style="text-align:right; vertical-align:bottom; width:11%">560,000</td>
</tr>
<tr>
<td style="vertical-align:bottom">Adjusted EBITDA</td>
<td style="text-align:right; vertical-align:bottom">$</td>
<td style="text-align:right; vertical-align:bottom">34,000</td>
<td style="text-align:right; vertical-align:bottom">$</td>
<td style="text-align:right; vertical-align:bottom">39,000</td>
</tr>
<tr>
<td style="vertical-align:bottom">Free cash flow</td>
<td style="text-align:right; vertical-align:bottom">$</td>
<td style="text-align:right; vertical-align:bottom">12,000</td>
<td style="text-align:right; vertical-align:bottom">$</td>
<td style="text-align:right; vertical-align:bottom">18,000</td>
</tr>
<tr>
<td style="vertical-align:bottom">Capital spending as a percent of sales</td>
<td style="text-align:right; vertical-align:bottom">2.0</td>
<td style="text-align:right; vertical-align:bottom">%</td>
<td style="text-align:right; vertical-align:bottom">2.5</td>
<td style="text-align:right; vertical-align:bottom">%</td>
</tr>
</tbody>
</table>

L.B. Foster Sees FY2024 Sales $525.000M-560.000M vs $548.89M Est

L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $(0.03) by 1433.33 percent. This is a 300 percent increase over losses of $(0.20) per share from the same period last year. The company reported quarterly sales of $124.320 million which beat the analyst consensus estimate of $114.513 million by 8.56 percent. This is a 7.65 percent increase over sales of $115.488 million the same period last year.

L.B. Foster Q1 2024 GAAP EPS $0.40 Beats $(0.03) Estimate, Sales $124.320M Beat $114.513M Estimate

B. Riley Securities analyst Alex Rygiel maintains L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) with a Neutral and raises the price target from $17 to $23.

B. Riley Securities Maintains Neutral on L.B. Foster, Raises Price Target to $23

L.B. Foster Company&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) reported a fourth-quarter FY23 net sales decline of 1.7% to $134.9 million,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/g37479186/l-b-foster-exceeds-2023-guidance-delivers-strong-cash-flow-improves-leverage-and-returns-capital-t" rel="noreferrer noopener">beating the consensus of $129.4 million</a>.
Net sales increased 7.7% organically and decreased 9.4% due to divestitures.
Rail segment&#8217;s revenue fell 10.9% Y/Y to $69.3 million owing to the divestiture of the prestressed concrete railroad tie business. Infrastructure segment&#8217;s revenue rose 10.3% Y/Y to $65.6 million, led by both Precast Concrete Products and Steel Products business units.&nbsp;
The company&#8217;s new orders totaled $105.5 million in the quarter, down 23.4% Y/Y, while the backlog totaled $213.8 million (-21.5% Y/Y, partly due to divestitures and a discontinued product line).
Gross margins expanded 200 basis points Y/Y to 21.5% in the quarter. Adjusted EBITDA of $6.1 million, down $1.4 million Y/Y, due to higher variable incentive costs that will reset moving into 2024.&nbsp;
EPS loss of $(0.04) missed the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus for EPS of $0.01</a>.
Operating cash flow stood at $22.1 million in the quarter, and net debt stood at $52.7 million as of December 31, 2023.
Outlook: For FY24, L.B. Foster expects net sales of $525 million-$560 million vs. consensus of $572.12 million, adjusted EBITDA Of $34 million-$39 million, and free&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">cash flow of $12.0 million-$18.0 million</a>.
John Kasel, President and Chief Executive Officer, said, &#8220;We continue to monitor the operating environment for our UK business which remains challenging, but is showing signs of bottoming. We completed a restructuring program in the UK in the fourth quarter and also reserved the remaining $1.0 million receivable balance owed from a UK customer that filed for administrative protection.&#8221;&nbsp;
&#8220;Despite these isolated headwinds, we&#8217;re confident that our strategic transformation remains on track and is gaining momentum as reflected in our 2024 financial guidance and our 2025 goals of approximately $600 million in sales and $50 million in EBITDA.&#8221;
Price Action: FSTR shares are trading lower by 5.65% at $22.89 on the last check Tuesday.

L.B. Foster Shares Are Down Today: What's Going On?

L.B. Foster Company Reiterates FY25 Goals Of Approximately $600M In Sales, $50M In EBITDA

L.B. Foster Company Expects FY24 Net Sales Of $525M-$560M Vs. $572.12M Estimate; Sees Adjusted EBITDA Of $34M-$39M

L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $0.01 by 500 percent. This is a 121.05 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $134.88 million which beat the analyst consensus estimate of $129.35 million by 4.27 percent. This is a 1.67 percent decrease over sales of $137.17 million the same period last year.

L.B. Foster Q4 EPS $(0.04) Misses $0.01 Estimate, Sales $134.88M Beat $129.35M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) is estimated to report quarterly loss at $0.51 per share on revenue of $2.29 billion.
&bull; Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) is estimated to report quarterly earnings at $2.22 per share on revenue of $29.33 billion.
&bull; 2seventy bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSVT#NASDAQ">TSVT</a>) is expected to report quarterly loss at $0.99 per share on revenue of $14.71 million.
&bull; CLPS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLPS#NASDAQ">CLPS</a>) is expected to report earnings for its first quarter.
&bull; Seres Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRB#NASDAQ">MCRB</a>) is projected to report quarterly loss at $0.50 per share on revenue of $350 thousand.
&bull; Vivid Seats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEAT#NASDAQ">SEAT</a>) is expected to report quarterly earnings at $0.06 per share on revenue of $183.67 million.
&bull; Nuwellis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) is projected to report quarterly loss at $1.39 per share on revenue of $2.55 million.
&bull; Consolidated Comms Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNSL#NASDAQ">CNSL</a>) is likely to report quarterly loss at $0.36 per share on revenue of $276.94 million.
&bull; CECO Environmental (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECO#NASDAQ">CECO</a>) is likely to report quarterly earnings at $0.24 per share on revenue of $146.61 million.
&bull; 908 Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MASS#NASDAQ">MASS</a>) is expected to report quarterly loss at $0.26 per share on revenue of $14.16 million.
&bull; Neuronetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STIM#NASDAQ">STIM</a>) is projected to report quarterly loss at $0.26 per share on revenue of $19.85 million.
&bull; Broadwind (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWEN#NASDAQ">BWEN</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $50.15 million.
&bull; Global Business Travel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBTG#NYSE">GBTG</a>) is projected to report quarterly loss at $0.03 per share on revenue of $541.17 million.
&bull; Riskified (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) is likely to report quarterly earnings at $0.03 per share on revenue of $84.02 million.
&bull; Angel Oak Mortgage REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AOMR#NYSE">AOMR</a>) is expected to report quarterly earnings at $0.18 per share on revenue of $9.00 million.
&bull; L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $129.35 million.
&bull; Rand Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAND#NASDAQ">RAND</a>) is expected to report earnings for its fourth quarter.
&bull; Dave (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) is likely to report earnings for its fourth quarter.
&bull; Sophia Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPH#NASDAQ">SOPH</a>) is projected to report quarterly loss at $0.26 per share on revenue of $17.33 million.
&bull; First Watch Restaurant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $237.53 million.
&bull; Compugen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGEN#NASDAQ">CGEN</a>) is likely to report quarterly earnings at $0.22 per share on revenue of $20.00 million.
&bull; SmartRent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMRT#NYSE">SMRT</a>) is likely to report quarterly loss at $0.01 per share on revenue of $59.49 million.
&bull; Ferguson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) is estimated to report quarterly earnings at $1.85 per share on revenue of $6.77 billion.
&bull; Cipher Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $41.78 million.
&bull; Axogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXGN#NASDAQ">AXGN</a>) is likely to report quarterly loss at $0.10 per share on revenue of $41.65 million.
&bull; V2X (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VVX#NYSE">VVX</a>) is expected to report quarterly earnings at $0.33 per share on revenue of $1.01 billion.
&bull; Wag Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PET#NASDAQ">PET</a>) is likely to report earnings for its fourth quarter.
&bull; Myers Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYE#NYSE">MYE</a>) is expected to report quarterly earnings at $0.26 per share on revenue of $196.19 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) is estimated to report quarterly earnings at $0.80 per share on revenue of $197.70 million.
&bull; Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) is estimated to report quarterly earnings at $0.88 per share on revenue of $4.39 billion.
&bull; BlackRock Cap Inv (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKCC#NASDAQ">BKCC</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $20.32 million.
&bull; Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) is likely to report earnings for its fourth quarter.
&bull; Kingsway Financial Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFS#NYSE">KFS</a>) is likely to report earnings for its fourth quarter.
&bull; Emergent BioSolutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) is expected to report quarterly loss at $0.19 per share on revenue of $293.53 million.
&bull; Cumberland (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPIX#NASDAQ">CPIX</a>) is likely to report earnings for its fourth quarter.
&bull; TRACON Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCON#NASDAQ">TCON</a>) is likely to report quarterly loss at $0.08 per share on revenue of $1.00 million.
&bull; Entravision Comms (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVC#NYSE">EVC</a>) is projected to report quarterly earnings at $0.07 per share on revenue of $308.47 million.
&bull; Bionano Genomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNGO#NASDAQ">BNGO</a>) is projected to report quarterly loss at $0.87 per share on revenue of $10.58 million.
&bull; Inspirato (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPO#NASDAQ">ISPO</a>) is likely to report quarterly loss at $3.66 per share on revenue of $73.50 million.
&bull; Marinus Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNS#NASDAQ">MRNS</a>) is expected to report quarterly loss at $0.62 per share on revenue of $8.01 million.
&bull; Allient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALNT#NASDAQ">ALNT</a>) is expected to report quarterly earnings at $0.32 per share on revenue of $132.56 million.
&bull; Bristow Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTOL#NYSE">VTOL</a>) is projected to report quarterly earnings at $0.54 per share on revenue of $329.20 million.
&bull; Greenlight Capital Re (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLRE#NASDAQ">GLRE</a>) is estimated to report earnings for its fourth quarter.
&bull; Rigel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIGL#NASDAQ">RIGL</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $34.10 million.
&bull; Plus Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSTV#NASDAQ">PSTV</a>) is projected to report quarterly loss at $1.07 per share on revenue of $1.06 million.
&bull; Socket Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCKT#NASDAQ">SCKT</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $4.91 million.
&bull; Nyxoah (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NYXH#NASDAQ">NYXH</a>) is expected to report quarterly loss at $0.40 per share on revenue of $1.95 million.
&bull; Park-Ohio Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PKOH#NASDAQ">PKOH</a>) is likely to report quarterly earnings at $0.55 per share on revenue of $386.45 million.
&bull; W&amp;T Offshore (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTI#NYSE">WTI</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $138.42 million.
&bull; Cadre Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDRE#NYSE">CDRE</a>) is projected to report quarterly earnings at $0.18 per share on revenue of $121.79 million.
&bull; Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $14.50 million.
&bull; Agiliti (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGTI#NYSE">AGTI</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $291.41 million.
&bull; Nuvei (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVEI#NASDAQ">NVEI</a>) is projected to report quarterly earnings at $0.45 per share on revenue of $319.51 million.
&bull; Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) is estimated to report quarterly earnings at $0.84 per share on revenue of $283.00 million.
&bull; Mayville Engineering (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEC#NYSE">MEC</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $152.30 million.
&bull; Aquestive Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AQST#NASDAQ">AQST</a>) is likely to report quarterly loss at $0.08 per share on revenue of $11.63 million.
&bull; Orthofix Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OFIX#NASDAQ">OFIX</a>) is expected to report earnings for its fourth quarter.
&bull; MeridianLink (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLNK#NYSE">MLNK</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $74.86 million.
&bull; Ross Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) is likely to report earnings for its fourth quarter.
&bull; Cerus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERS#NASDAQ">CERS</a>) is expected to report quarterly loss at $0.02 per share on revenue of $49.27 million.
&bull; American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $150.47 million.
&bull; Cricut (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $249.68 million.
&bull; Crexendo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CXDO#NASDAQ">CXDO</a>) is projected to report quarterly earnings at $0.04 per share on revenue of $13.80 million.
&bull; Aeva Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEVA#NYSE">AEVA</a>) is likely to report quarterly loss at $0.15 per share on revenue of $1.57 million.
&bull; LSB Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LXU#NYSE">LXU</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $127.21 million.
&bull; PlayAGS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGS#NYSE">AGS</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $92.57 million.
&bull; Full House Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLL#NASDAQ">FLL</a>) is likely to report quarterly loss at $0.14 per share on revenue of $63.13 million.
&bull; CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) is expected to report quarterly earnings at $0.82 per share on revenue of $839.04 million.
&bull; HashiCorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCP#NASDAQ">HCP</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $149.29 million.
&bull; Banco BBVA Argentina (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAR#NYSE">BBAR</a>) is estimated to report earnings for its fourth quarter.
&bull; NeuroPace (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NPCE#NASDAQ">NPCE</a>) is expected to report quarterly loss at $0.31 per share on revenue of $17.46 million.
&bull; Couchbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BASE#NASDAQ">BASE</a>) is projected to report earnings for its fourth quarter.
&bull; Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $61.46 million.
&bull; ChargePoint Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) is likely to report quarterly loss at $0.13 per share on revenue of $119.59 million.
&bull; ODDITY Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODD#NASDAQ">ODD</a>) is expected to report earnings for its fourth quarter.
&bull; NewtekOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEWT#NASDAQ">NEWT</a>) is projected to report quarterly earnings at $0.58 per share on revenue of $63.35 million.
&bull; Box (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $262.95 million.
&bull; Weyco Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEYS#NASDAQ">WEYS</a>) is projected to report earnings for its fourth quarter.
&bull; Alexandria Real Estate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARE#NYSE">ARE</a>) is likely to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AEVA

AGTI

ALNT

AOMR

APEI

AQST

AXGN

BASE

BBAR

BKCC

BNGO

BWEN

CDRE

CECO

CERS

CGEN

CHPT

CIFR

CLPS

CNSL

CPIX

CRCT

CRWD

CXDO

DAVE

FERG

FWRG

GBTG

GLRE

ISPO

MASS

MCRB

MLNK

MRNS

NEWT

NPCE

NUWE

NVEI

NYXH

OFIX

OOMA

PKOH

PRST

PSTV

RAND

RIGL

ROST

RSKD

SCKT

SEAT

SMLR

SMRT

SOPH

STIM

TCON

TSVT

VTOL

WEYS

Earnings Scheduled For March 5, 2024

L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-03-05. Here's what investors need to know before the announcement.
Analysts estimate that L.B. Foster will report an earnings per share (EPS) of $0.01. 
L.B. Foster bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.20, which was followed by a 1.94% drop in the share price the next day.
Here's a look at L.B. Foster's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.25</td>
<td>0.27</td>
<td>-0.15</td>
<td>0.03</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.05</td>
<td>0.32</td>
<td>-0.20</td>
<td>0.19</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>4.0%</td>
<td>1.0%</td>
<td>0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709564578_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of L.B. Foster were trading at $23.78 as of March 01. Over the last 52-week period, shares are up 84.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/FSTR/earnings">To track all earnings releases for L.B. Foster visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For L.B. Foster

L.B. Foster Revises FY23 Revenue Guidance From $520M - $550M To $530M - $540M Vs. $541.04M Est

L.B. Foster (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTR#NASDAQ">FSTR</a>) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.25 by 80 percent. This is a 125 percent increase over losses of $(0.20) per share from the same period last year. The company reported quarterly sales of $145.34 million which beat the analyst consensus estimate of $140.81 million by 3.22 percent. This is a 11.79 percent increase over sales of $130.01 million the same period last year.

L.B. Foster Q3 EPS $0.05 Misses $0.25 Estimate, Sales $145.34M Beat $140.81M Estimate

L.B. Foster GAAP EPS of $0.40 beats by $0.56, revenue of $124.3M beats by $13.96M

L.B. Foster Company 2024 Q1 - Results - Earnings Call Presentation

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
L.B. Foster (NASDAQ:<a href="https://investorplace.com/stock-quotes/fstr-stock-quote/">FSTR</a>) just reported results for the first quarter of 2024.<ul><li>L.B. Foster reported earnings per share of 8 cents. This was above the analyst estimate for EPS of -2 cents.</li><li>The company reported revenue of $124.32 million.</li><li>This was 8.57% better than the analyst estimate for revenue of $114.51 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT802110">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT766411">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	The post <a href="https://investorplace.com/earning-results/2024/05/fstr-stock-earnings-l-b-foster-for-q1-of-2024/">FSTR Stock Earnings: L.B. Foster Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

FSTR Stock Earnings: L.B. Foster Beats EPS, Beats Revenue for Q1 2024

L.B. Foster Company (FSTR) Q1 2024 Earnings Call Transcript

L.B. Foster reports Q2 results; updates guidance

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
L.B. Foster (NASDAQ:<a href="https://investorplace.com/stock-quotes/fstr-stock-quote/">FSTR</a>) just reported results for the second quarter of 2024.<ul><li>L.B. Foster reported earnings per share of 26 cents. This was below the analyst estimate for EPS of 46 cents.</li><li>The company reported revenue of $140.80 million.</li><li>This was 0.32% better than the analyst estimate for revenue of $140.34 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/fstr-stock-earnings-l-b-foster-for-q2-of-2024/">FSTR Stock Earnings: L.B. Foster Misses EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

FSTR Stock Earnings: L.B. Foster Misses EPS, Beats Revenue for Q2 2024

L.B. Foster Company 2024 Q2 - Results - Earnings Call Presentation

L.B. Foster Company (FSTR) Q2 2024 Earnings Call Transcript

Warning: FSTR is at high risk of performing badly

L.B. Foster: Strong Headwinds In Domestic Rail Market, But I Wouldn't Sell Yet

Press Releases

Sales and Profitability Growth Drive Continuing Momentum in L.B. Foster First Quarter 2024 Results; Company Reaffirms 2024 Guidance

Events

Sidoti Events, LLC's Virtual May Micro-Cap Conference

L.B. Foster Company Board of Directors Awarded 'Public Company Board of the Year'

L.B. Foster Company to Present at Three Part Advisors' East Coast IDEAS Investor Conference on June 12, 2024 in New York, NY

Alexander B. Jones from 22NW, LP to be Added to the Board and Nominated to Serve on Culp, Inc. Board of Directors at 2024 Annual Shareholders Meeting.

L.B. Foster Publishes Inaugural Sustainability Report

L.B. Foster Company to Report Second Quarter 2024 Results on August 6, 2024

L.B. Foster Company Reports Tempered Second Quarter Results after Strong First Quarter; Updates 2024 Financial Guidance and Stock Repurchase Program; Continues Enterprise Restructuring Aligned with Growth Strategy

L.B. Foster Company to Present Virtually at Sidoti Micro Cap Investor Conference on August 14, 2024 and at Three Part Advisors' Midwest IDEAS Investor Conference on August 29, 2024 in Chicago, IL

L.B. Foster Company to Present Virtually at Singular Research Autumn Equinox 2024 Webinar on September 11, 2024

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

L.B. Foster

L.B. Foster (FSTR) Forecast

L.B. Foster (NASDAQ:FSTR) Stock, Quote.Headers.trade-ideas