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L.B. Foster Company - $FSTR STOCK NEWS

Welcome to our dedicated page for L.B. Foster Company news (Ticker: $FSTR), a resource for investors and traders seeking the latest updates and insights on L.B. Foster Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect L.B. Foster Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of L.B. Foster Company's position in the market.

Rhea-AI Summary
L.B. Foster Company (Nasdaq: FSTR) reported third-quarter net sales of $145.3 million, an 11.8% increase year over year. Adjusted EBITDA increased by 14.2% to $10.6 million. The company's net debt was reduced by $16.9 million, and the gross leverage ratio improved to 2.0x. However, the book-to-bill ratio was softer after a strong second quarter, and new orders decreased by 27.0% year over year. The company is updating its 2023 financial guidance to narrow ranges and maintain midpoints for both sales and adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.78%
Tags
-
Rhea-AI Summary
L.B. Foster Company will release its Q3 operating results on November 7, 2023. A conference call discussing the results and market outlook will be held at 11:00 A.M. Eastern Time. A presentation will be available on the Company's website. Webcast replay and Q&A session registration details are also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
conferences earnings
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Rhea-AI Summary
L.B. Foster extends strategic partnership with FUCHS Lubricants to additional rail markets in South America, Australia, and China
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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partnership
Rhea-AI Summary
L.B. Foster Company to present at Singular Research Autumn Equinox 2023 Webinar
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
conferences
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Rhea-AI Summary
L.B. Foster Company to discontinue bridge grid deck manufacturing due to weak market conditions, but expects minimal impact on financial guidance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
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none
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Rhea-AI Summary
L.B. Foster to present at Midwest IDEAS Investor Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
conferences
Rhea-AI Summary
L.B. Foster Company (NASDAQ: FSTR) announced that its President and CEO, John Kasel, and CFO, Bill Thalman, will present at the Sidoti Micro-Cap Virtual Conference on August 16, 2023. The company has also posted an update to its investor presentation on its website. The presentation will highlight the company's strategic transformation, investment thesis, and drivers of future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.85%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.34%
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Rhea-AI Summary
L.B. Foster Company will release its second quarter operating results on August 8, 2023. A conference call will be held to discuss the results, market outlook, and business developments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.64%
Tags
conferences earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
none
L.B. Foster Company

Nasdaq:FSTR

FSTR Rankings

FSTR Stock Data

323.43M
9.09M
5.87%
73.83%
1.23%
Iron and Steel Forging
Manufacturing
Link
United States of America
PITTSBURGH

About FSTR

today’s infrastructure is built on l.b. foster’s legacy. for more than a century, our company has provided the materials necessary to construct and maintain major transportation, construction, energy, recreation and agriculture projects. l.b. foster products have recently contributed to the improvement of many landmark structures including the panama canal, brooklyn bridge and new orleans flood walls. l.b. foster operates individual business units that specialize in rail, construction and energy products and services. these segments manage engineering, manufacturing, distribution and sales facilities worldwide. we also function as a distributor and service provider in strategic alliances with industry leading manufacturing and engineering firms. our company maintains ongoing programs that enhance product quality, improve operational processes and assure employee safety. l.b. foster is committed to providing superior products for our customers, an entrepreneurial climate for our employe