L.B. Foster Q2 EPS $0.29 Misses $0.41 Estimate, Sales $138.550M Beat $134.488M Estimate
L.B. Foster (NASDAQ:FSTR) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.41 by 29.27 percent. This is a 7.41 percent increase over earnings of $0.27 per share from the
L.B. Foster sold more stuff than people expected, which is good—but made less profit per share than they thought, which is disappointing. When a company sells a lot but earns less, it means their costs went up or something got harder to manage.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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