FSTR Stock Recent News

Second quarter net sales of $140.8 million down 4.9% year over year (organic 1 down 3.4% ); net sales up 13.3% sequentially over the first quarter. Gross profit of $30.5 million down 5.4% year over year; gross margins were flat at 21.7%.

PITTSBURGH, July 30, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the “Company”), today announced that it will release its second quarter results, pre-market opening on Tuesday, August 6, 2024. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business later that morning at 11:00 A.M. Eastern Time. A presentation will be available on the Company's website under the Investor Relations page immediately after the Company's earnings release.

L.B. Foster (FSTR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

PITTSBURGH, June 26, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the “Company”), announced today the publication of its first Sustainability Report. The Report reinforces the Company's commitment to sustainable practices with a lens towards creating value across various areas, such as manufacturing, natural, human, intellectual and social & relationship.

Declining prices, along with demand and economic headwinds paint a challenging picture for the steel industry. However, stocks like FSTR, CRS and GGB look promising in the current scenario.

L.B. Foster's (FSTR) rally is driven by stellar first-quarter earnings, promising growth prospects and solid operational performance.

L.B. Foster (FSTR) offers a strong investment opportunity with stellar first-quarter earnings, promising growth prospects and solid operational performance set to continue through 2024.

PITTSBURGH, June 05, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present at the Three Part Advisors' East Coast IDEAS Investor Conference on June 12, 2024 beginning at 9:15 AM EDT. Presentation materials for the conference will be posted on the Company's Investor Relations website under “Presentations” the morning of the conference.

L.B. Foster (FSTR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

FSTR, CMRE, MGM, SGC and LSPD have been added to the Zacks Rank #1 (Strong Buy) List on June 4, 2023.