L.B. Foster Q2 Sales $140.796M Beat $140.337M Estimate
Portfolio Pulse from Benzinga Newsdesk
L.B. Foster (NASDAQ:FSTR) reported Q2 sales of $140.796 million, beating the analyst consensus estimate of $140.337 million by 0.33%. However, this represents a 4.89% decrease compared to the same period last year.
August 06, 2024 | 12:03 pm
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L.B. Foster reported Q2 sales of $140.796 million, slightly beating the analyst estimate of $140.337 million. However, sales decreased by 4.89% compared to the same period last year.
While L.B. Foster's Q2 sales beat analyst estimates, the year-over-year decline of 4.89% may concern investors. The slight beat may provide some short-term stability, but the overall decrease in sales could temper any positive momentum.
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