L.B. Foster (FSTR) Reports Q1 Loss, Misses Revenue Estimates

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 ...