L.B. Foster (NASDAQ:FSTR) Issues Quarterly Earnings Results

L.B. Foster (NASDAQ:FSTR) announced its earnings results on Wednesday. The basic materials company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.04, FiscalAI reports. The business had revenue of $168.00 million during the quarter, compared to the consensus estimate of $152.19 million. L.B. Foster had a net margin of 2.04% and a return on equity of 7.61%.

Here are the key takeaways from L.B. Foster’s conference call:

• Third-quarter sales rose 21.5% to $168 million, and Adjusted EBITDA increased 15.1% to $13.1 million, supported by higher volumes in both segments. Operating cash flow was $23.6 million, helping reduce quarter-end debt to $28.7 million.
• L.B. Foster raised its 2026 sales guidance to $570 million–$590 million and free cash flow guidance to $20 million–$28 million, while narrowing its Adjusted EBITDA range to $42 million–$45 million.
• Consolidated gross margin declined 200 basis points to 20.5%, primarily because of a higher mix of lower-margin Rail Distribution and U.K. sales. Backlog was $234.7 million, down 5.1% year over year, though management cited healthy project activity and demand.
• The company completed its acquisition of Dulworth Enterprises, expanding its precast wastewater business and geographic reach. Dulworth is expected to contribute about $18 million in annual revenue and $6.5 million–$7.5 million in Adjusted EBITDA, including synergies, after integration estimated to take 12–18 months; management expects no material fourth-quarter impact.

L.B. Foster Stock Performance

NASDAQ FSTR opened at $41.65 on Thursday. The company has a fifty day simple moving average of $36.66 and a 200 day simple moving average of $35.95. L.B. Foster has a 12-month low of $25.66 and a 12-month high of $45.81. The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27. The company has a market cap of $438.16 million, a P/E ratio of 39.67, a PEG ratio of 0.56 and a beta of 1.17.

Analyst Upgrades and Downgrades

Several research firms recently commented on FSTR. Weiss Ratings cut L.B. Foster from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Wall Street Zen downgraded shares of L.B. Foster from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 15th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, L.B. Foster currently has an average rating of “Hold” and a consensus price target of $32.00.

L.B. Foster News Summary

Here are the key news stories impacting L.B. Foster this week:

• Positive Sentiment: Third-quarter sales rose 21.5% year over year to $168.0 million, exceeding the $152.19 million analyst consensus. EPS of $0.64 beat the $0.60 estimate and increased from $0.40 a year earlier. Net income climbed 56.5% to $6.8 million, while adjusted EBITDA grew 15.1% to $13.1 million. L.B. Foster third-quarter results
• Positive Sentiment: The company raised its fiscal 2026 sales outlook, signaling confidence in continued demand and supporting expectations for further growth. L.B. Foster Q3 earnings and outlook
• Positive Sentiment: Cash generation and balance-sheet improvement were notable: quarterly operating cash flow was $23.6 million, debt ended the quarter at $28.7 million—the company’s lowest level in a decade—and gross leverage fell to 0.6x. Lower debt may give the company more financial flexibility. L.B. Foster third-quarter results
• Positive Sentiment: L.B. Foster is expanding its residential wastewater and precast concrete business through the $52.2 million acquisition of Dulworth Enterprises, adding capabilities and potential growth opportunities. Dulworth acquisition

About L.B. Foster

L.B. Foster Company (NASDAQ: FSTR) is a Pittsburgh-based manufacturer and supplier of products, technologies and services used in transportation and industrial infrastructure. The company serves customers primarily in the rail, construction and energy markets, providing solutions designed to support the construction, maintenance and operation of critical infrastructure.

In its rail business, L.B. Foster offers rail and track products such as rail joints, fastening systems, track components and related maintenance solutions.