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L.B. Foster Co. - FSTR STOCK NEWS

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

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 Co.'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 Co.'s position in the market.

News
L.B. Foster Company to Present Virtually at Sidoti Small Cap Conference on March 14, 2024
Rhea-AI Summary
L.B. Foster Company (FSTR) executives to present at Sidoti Small Cap Virtual Conference. Presentation materials to be posted on Investor Relations website. Webcast and replay available online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.39%
Tags
conferences
-
News
L.B. Foster Exceeds 2023 Guidance; Delivers Strong Cash Flow, Improves Leverage, and Returns Capital to Shareholders; Establishes 2024 Guidance and Reiterates 2025 Goals Aligned with Strategic Transformation
Rhea-AI Summary
L.B. Foster Company (FSTR) reported strong full-year 2023 results with net sales of $543.7 million, up 9.3% over the prior year. Gross margins expanded to 20.7%, and net cash flow from operations was favorable at $37.4 million. The company reduced net debt by $36.3 million and announced 2024 financial guidance with net sales expected to range from $525.0 million to $560.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.96%
Tags
none
-
News
L.B. Foster Company to Report Fourth Quarter and Full Year 2023 Operating Results on March 5, 2024
Rhea-AI Summary
L.B. Foster Company (FSTR) will release its Q4 and full year 2023 results on March 5, 2024. A conference call discussing the results and business developments will follow at 11:00 A.M. Eastern Time. Webcast and presentation details are available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
conferences earnings
News
L.B. Foster Company Unveils New Brand Identity and Global Website
Rhea-AI Summary
L.B. Foster Company unveils a new brand purpose and visual identity after a 12-month consultation, focusing on innovation to solve global infrastructure challenges. The company identifies five primary areas of influence to add value to customer partnerships and introduces a new graphic 'centrifuge' icon symbolizing momentum and engineering history.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
-
News
L.B. Foster Company to Nominate Alexander B. Jones from 22NW, LP to Stand for Election to the L.B. Foster Board of Directors at 2024 Annual Meeting of Shareholders
Rhea-AI Summary
L.B. Foster Company (NASDAQ: FSTR) announced the nomination of Mr. Alexander B. Jones to its Board of Directors at the 2024 Annual Meeting of Shareholders. He will fill the vacancy created by the retirement of Mr. Dirk Jungé. Mr. Jones, a Vice President and Senior Research Analyst at 22NW, LP, has been serving as a Board Observer at the Company since April 2023. The Company and 22NW have also agreed to customary standstill, voting, confidentiality, and other provisions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
Tags
management
-
News
L.B. Foster Company Announces the Expansion of its Board of Directors and Election of David J. Meyer
Rhea-AI Summary
L.B. Foster Company (NASDAQ: FSTR) announced the expansion of its Board of Directors to eight members and the election of Mr. David J. Meyer, a seasoned industry veteran with extensive rail and manufacturing experience, to the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
management
News
L.B. Foster to Present at Sidoti and Singular Conferences; Updated Corporate Investor Presentation to be Posted Online
Rhea-AI Summary
L.B. Foster Company (NASDAQ: FSTR) to present at Sidoti Small-Cap Virtual Conference on December 6, 2023, and Singular Research Best of the Uncovered Conference on December 7, 2023. Investor materials update titled 'Investor Presentation – December 2023' to be posted on the company's Investor Relations website. Video webcast and replay available online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
conferences
-
News
L.B. Foster Third Quarter 2023 Adjusted Results Reflect Ongoing Profitability Improvement and Strong Cash Flow; Reaffirming Midpoints of 2023 Guidance
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
earnings
-
News
L.B. Foster Company to Report Third Quarter 2023 Operating Results on November 7, 2023
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
News
L.B. Foster and FUCHS Extend Strategic Partnership with Industry-Leading Friction Management Products for the Rail Market
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%
Tags
partnership
Stock FSTR logo
L.B. Foster Co.

Nasdaq:FSTR

FSTR Rankings

#3518 Ranked by Market Cap
#158 Ranked by Stock Gains
N/A Ranked by Dividends

FSTR Stock Data

281.75M
9.09M
5.87%
73.83%
1.23%
Iron and Steel Forging
Manufacturing
Link
US
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