UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended March 31, 2025 Commission File Number: 000-10436 L.B. Foster Company | Securities registered pursuant to Section 12(b) of the Act: | | | | --- | --- | --- | | Title of each ...

For the quarter ended March 2025, L.B. Foster (FSTR) reported revenue of $97.79 million, down 21.3% over the same period last year. EPS came in at -$0.20, compared to $0.08 in the year-ago quarter.The reported revenue represents a surprise of -14.53% over the Zacks Consensus Estimate of $114.41 million. With the consensus EPS estimate being $0.01, the EPS surprise was -2100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

L.B. Foster Company (FSTR) Q1 2025 Earnings Call May 06, 2025 11:00 AM ET Speaker0 Good day and thank you for standing by. Welcome to the L. B. Foster First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there'll be a question and answer session. To ask a question during the session, you'll need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. To answer your q ...

L.B. Foster (FSTR) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2,100%. A quarter ago, it was expected that this railroad track manufacturer would post earnings of $0.29 per share when it actually produced a loss of $0.02, delivering a surprise of -106.90%.Over the last four quarters, the compa ...

L.B. Foster Company Earnings Presentation Nasdaq - FSTR May 6, 2025 Safe Harbor Disclaimer Safe Harbor Statement This presentation may contain "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements provide management's current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or cur ...

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PITTSBURGH, April 29, 2025 (GLOBE NEWSWIRE) -- L.B. Foster Company (Nasdaq: FSTR, the “Company”), today announced that it will release its first quarter results, pre-market opening on Tuesday, May 6, 2025. 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 rel ...

PITTSBURGH, March 13, 2025 (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 virtually at the Sidoti Small Cap Virtual Conference on March 20, 2025, beginning at 2:30 PM EST. Presentation materials for the conference will be posted on the Company’s Investor Relations website under “Presentations” the morning of the conference. A vid ...

Financial Performance - For the year ended December 31, 2024, L.B. Foster Company recorded total net sales of $530.765 million, a decrease of 2.0% from $543.744 million in 2023[225]. - The gross profit for 2024 was $118.062 million, representing an increase of 5.0% compared to $112.044 million in 2023[225]. - Net income attributable to L.B. Foster Company for 2024 was $42.946 million, significantly up from $1.464 million in 2023, marking an increase of 2,831.5%[225]. - Basic earnings per common share rose to $4.01 in 2024, compared to $0.14 in 2023, reflecting a substantial increase[225]. - Total assets increased to $334.550 million in 2024, up from $312.401 million in 2023, indicating a growth of 7.1%[222]. - Current liabilities decreased to $88.296 million in 2024 from $94.501 million in 2023, a reduction of 6.6%[222]. - The company reported a total comprehensive income of $40.403 million for 2024, compared to $3.350 million in 2023, an increase of 1,103.5%[228]. - Long-term debt decreased to $46.773 million in 2024 from $55.171 million in 2023, a decline of 15.5%[222]. - Net income for the year ended December 31, 2024, was $42,843,000, a significant increase from $1,299,000 in 2023, representing a growth of approximately 3,295%[232]. - The company reported a foreign currency transaction gain of $154 million for the year ended December 31, 2024, compared to a loss of $77 million in 2023[263]. Sales and Revenue - Rail segment accounted for 62% of total net sales in 2024, up from 57% in 2023, while Infrastructure Solutions decreased to 38% from 43%[14]. - The Rail segment generated net sales of $326,869 million in 2024, compared to $312,160 million in 2023, reflecting a growth of 4.5%[280][283]. - Infrastructure Solutions segment net sales decreased to $203,896 million in 2024 from $231,584 million in 2023, a decline of 11.9%[280][283]. - The company recognized $145,254 million in total over time sales for 2024, accounting for 27.4% of total net sales, consistent with 2023[292]. - The Bridge Exit product line had sales of $3,700 million in 2024 and $6,146 million in 2023, with the Company incurring $1,403 million in exit costs during 2023[276]. Employee and Workforce - The Company employs a global sales force of approximately 79 people, with 16 located outside the US[30]. - The Company had a total of 1,057 employees as of December 31, 2024, with 819 located in the US, 42 in Canada, 189 in Europe, and 7 in other locations[47]. - The Company has a collective bargaining agreement covering 8 employees, which is currently being negotiated and is set to expire in March 2025[48]. - The Company focuses on attracting and retaining employees that embody its values summarized in the SPIRIT model, which includes Safety, People, Integrity, Respect, Innovation, and Teamwork[37]. - The Company has a defined benefit plan or defined contribution plan covering all hourly and salaried employees[48]. Sustainability and Environmental Initiatives - The Company emphasizes a culture of environmental, health, safety, and sustainability excellence, aiming to exceed applicable regulations and improve its EHSS performance[41]. - The Company issued its inaugural sustainability report in 2024, aligning sustainability with operations and addressing its environmental footprint[40]. - The Company has nine locations in North America and Europe with Environmental Management Systems independently assessed for compliance with ISO 14001:2015 and ISO 45001:2018[41]. - The Company aims to create advanced solutions around sustainability while maximizing opportunities for environmental and social benefits[41]. - The Company is committed to good corporate citizenship and has adopted safety and environmental policies to support long-term sustainability excellence[39]. Investments and Acquisitions - The company acquired the operating assets of Cougar Mountain Precast, LLC for $1,644,000 on November 17, 2023, enhancing its Infrastructure segment[240]. - The Company completed the sale of its Concrete Ties division in June 2023 and the Chemtec business in March 2023[19][29]. - The Company sold substantially all operating assets of the Chemtec business for cash proceeds of $5,344 million, resulting in a pre-tax loss of $2,065 million[275]. - The Company sold substantially all operating assets of the prestressed concrete railroad tie business for cash proceeds of $2,362 million, generating a pre-tax loss of $1,009 million[272]. Financial Position and Assets - The company recorded $52.7 million in revenue recognized over time using the input method for long-term contracts in 2024[216]. - Retained earnings increased to $167.579 million in 2024, up from $124.633 million in 2023, reflecting a growth of 34.4%[222]. - Total cash and cash equivalents at the end of the period decreased to $2,454,000 in 2024 from $2,560,000 in 2023, a decline of approximately 4%[232]. - The company recorded a net cash used in investing activities of $(6,312,000) in 2024, compared to a net cash provided of $2,486,000 in 2023[232]. - The company’s segment assets increased to $334,550 million in 2024 from $312,401 million in 2023, a growth of 7.1%[287]. Debt and Liabilities - The company repaid $230,640,000 in debt during 2024, compared to $208,668,000 in 2023, indicating an increase in debt repayment of about 10%[232]. - Long-term debt decreased to $46,773 million in 2024 from $55,171 million in 2023, a decline of 15.5%[222]. - The allowance for credit losses increased from $809 million as of December 31, 2023, to $1,127 million as of December 31, 2024, marking a rise of 39.3%[306]. - Accounts receivable as of December 31, 2024, totaled $66,105 million, up from $54,293 million in 2023, indicating an increase of 21.8%[304]. - Inventory decreased from $73,111 million as of December 31, 2023, to $70,506 million as of December 31, 2024, a decline of 3.6%[307]. Stock and Compensation - Stock-based compensation expenses were $3,834,000 in 2024, down from $4,179,000 in 2023, a decrease of approximately 8%[232]. - The weighted average fair value of restricted stock grants awarded was $27.45 per share for 2024, up from $13.00 per share in 2023[346]. - The total amount of unrecognized tax benefits was $265 as of December 31, 2024, with accrued interest and penalties related to these benefits amounting to $294[338]. - The Company issued 22,458 restricted shares to non-employee directors in 2024, with a compensation expense of approximately $589[345]. - The performance stock units are tied to a three-year program, with adjustments based on the company's expected performance target attainment[348].

L.B. Foster Company (FSTR) recorded fourth-quarter 2024 loss of 2 cents per share, narrower than a loss of 4 cents per share a year ago. The Zacks Consensus Estimate was earnings of 29 cents per share.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The company logged revenues of $128.2 million for the quarter, down around 5% year over year. It missed the Zacks Consensus Estimate of $133.2 million. Sales fell on lower volumes in the Steel Products business unit, including the impa ...