L.B. Foster shares are trading lower after the company reported Q2 financial results and narrowed its FY24 net sales guidance.
Portfolio Pulse from Benzinga Newsdesk
L.B. Foster shares are trading lower after the company reported Q2 financial results and narrowed its FY24 net sales guidance.
August 06, 2024 | 3:28 pm
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L.B. Foster shares are trading lower following the release of Q2 financial results and a narrowed FY24 net sales guidance.
The company's Q2 financial results and the narrowing of its FY24 net sales guidance have likely led to investor concerns, resulting in a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100