L.B. Foster Company (NASDAQ:FSTR) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.09 per share from revenue of $ 142.34 million.
Looking ahead, the full year income are expected at $ 0.13 per share on the revenues of $ 556.54 million.
Previous Quarter Performance
L.B. Foster Company unveiled income for the second quarter of $ 0.41 per share, from the revenue of $ 145.77 million. The quarterly earnings declined 54.44 percent while revenues declined 21.72 percent compared with the same quarter last year. The top line results fell short of analysts by $ 12.34 million or 7.8 percent.
Stock Performance
Shares of L.B. Foster Company traded up $ 0.11 or 0.79 percent on Tuesday, reaching $ 14.06 with volume of 27.80 thousand shares. L.B. Foster Company has traded high as $ 14.33 and has cracked $ 13.89 on the downward trend
According to the previous trading day, closing price of $ 14.06, representing a 75.25 % increase from the 52 week low of $ 7.96 and a 32.31 % decrease over the 52 week high of $ 20.61.
The company has a market capital of $ 150.98 million and is part of the Industrials sector and Railroads industry.
Conference Call
L.B. Foster Company will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lbfoster.com
L.B. Foster Company manufactures and distributes products and services for the transportation and energy infrastructure worldwide. Its Rail Products and Services segment offers new rail to passenger and short line freight railroads, industrial companies, and rail contractors; used rails; rail accessories, including track spikes, bolts, angle bars, and other products; power rail, direct fixation fasteners, coverboards, and other accessories; and trackwork products, as well as engineers and fabricates insulated rail joints and related accessories.
