FSTR Earnings Prediction
The chart below shows how FSTR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FSTR sees a +2.20% change in stock price 10 days leading up to the earnings, and a +4.89% change 10 days following the report. On the earnings day itself, the stock moves by -2.39%. This data can give you a slight idea of what to expect for the next quarter's release.
FSTR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
137.47M
-5.42%
-2.37%
Gross Margin
23.00%
24.53%
10.15%
Operating Margin
5.46%
347.54%
64.95%
Net Margin
26.11%
8322.58%
1205.50%
EPS
3.27
6440.00%
1157.69%
No Data Available
FSTR Earnings Analysis
Foster (Lb) Co Corporation (FSTR.O) Earnings Conference Call
Positive
Record Gross Margin Increase: The company reported a gross margin of 23.8%, the highest level seen in over a decade, up 490 basis points from last year.
Quarterly Net Income Analysis: Net income for the quarter was $35.9 million, including a $30 million favorable tax valuation reserve adjustment.
EBITDA Improvement Despite Sales Decline: Adjusted EBITDA was $12.3 million, up 16.4% over the last year, despite lower sales, due to improved gross margins and lower SG&A expenses.
Strong Cash Generation: Cash from operations totaled $24.7 million, demonstrating strong cash generation during the quarter.
Stock Repurchase Expansion: The company expanded its stock repurchase program, buying approximately 127,000 shares for $2.6 million during the quarter.
Negative
Quarterly Net Sales Decline: Net sales for the quarter were down 5.4%, driven primarily by domestic rail commercial weakness with organic sales down 8.5%.
Infrastructure Sales Decline: Infrastructure organic sales were down approximately 2%.
Product Line Exit Impact: The only inorganic impact is the bridge grid deck product line exit that was announced last year.
EBITDA Improvement Despite Sales Decline: Adjusted EBITDA was $12.3 million, up 16.4% over the last year, despite the lower sales with the improved gross margins and lower SG&A expenses.
SG&A Cost Reduction: Selling, general, and administrative costs in Q3 were $24.3 million, down $0.1 million from the prior year.
FSTR FAQs
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FSTR Earning Call Sentiment
L.B. Foster Company (FSTR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
FSTR.O
2.92%Positive
The earnings call summary presents a mixed picture with some positive financial metrics like improved gross margin and reduced net debt. However, there are significant challenges such as supply chain issues, declining demand in key product lines, and economic factors impacting the infrastructure sector. The Q&A section reveals unclear guidance on future margins, raising concerns. Despite a stock repurchase program, the overall sentiment leans negative due to these uncertainties and potential risks, such as the impact of steel product demand decline and economic factors. Without clear guidance or new partnerships, the stock is likely to react negatively.