L.B. Foster Q2 EPS $0.32 Beats $0.27 Estimate, Sales $148.03M Beat $141.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
L.B. Foster (NASDAQ:FSTR) reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.27 by 18.52%. This is a 77.78% increase from the same period last year. The company also reported quarterly sales of $148.03 million, beating the analyst consensus estimate of $141.41 million by 4.68%. This is a 26.97% increase from the same period last year.
August 08, 2023 | 12:04 pm
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POSITIVE IMPACT
L.B. Foster's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
L.B. Foster's Q2 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This positive news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100