Earnings Preview: L.B. Foster
Portfolio Pulse from Benzinga Insights
L.B. Foster (NASDAQ:FSTR) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $0.27. The company's past performance shows a pattern of share price increase following earnings reports, despite occasional misses on EPS estimates. The stock is currently trading at $14.6, down 2.15% over the last 52-week period.
August 07, 2023 | 5:01 pm
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NEUTRAL IMPACT
L.B. Foster's upcoming earnings report could potentially impact its stock price. Despite a 2.15% drop over the last 52 weeks, the company's shares have historically increased following earnings reports.
The upcoming earnings report is a significant event for L.B. Foster. While the company's shares have dropped over the past year, they have shown a tendency to increase following earnings reports. This pattern, combined with the analysts' EPS estimate, suggests that the earnings report could potentially influence the stock's price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100