财务表现 - 第二季度销售额为1.408亿美元，同比下降4.9%，有机销售额下降3.4%[4] - 毛利为3050万美元，同比下降5.4%，毛利率为21.7%，与去年持平[4] - 第二季度净利润为280万美元，同比下降19.4%[4,17] - 调整后EBITDA为810万美元，同比下降23.8%[4,18] - 2024年第二季度净销售额为8,560万美元，同比下降6.6%，其中5.0%来自有机销售下降，1.5%来自剥离活动[24] - 2024年第二季度毛利为1,790万美元，同比下降1,200万美元，毛利率下降80个基点至20.9%，主要由于铁路产品业务部门销量和利润率下降[25] - 2024年第二季度分部经营利润为540万美元，同比下降120万美元，主要由于毛利下降，部分被销售和管理费用降低所抵消[26] - 2024年前六个月净销售额为26.51亿美元，同比增长0.6%，有机销售增长5.5%，剥离和产品线退出活动导致下降4.9%[36] - 2024年前六个月毛利为5.68亿美元，同比增加1,230万美元或2.2%，毛利率提升30个基点至21.4%[37] - 2024年前六个月销售和管理费用为4.76亿美元，同比增加1,690万美元或3.7%，主要由于企业重组相关的法律和专业服务费用[38] - 2024年第二季度和上半年总销售额分别为1.408亿美元和2.651亿美元[55] - 2024年第二季度和上半年毛利润分别为3.052亿美元和5.677亿美元[55] - 2024年第二季度和上半年净利润分别为2,847万美元和7,283万美元[55,56] 订单情况 - 新订单为1.71亿美元，同比下降6.9%，但环比增长29.2%[4,19] - 订单回款率为0.93:1.00[4] - 订单总额为2.498亿美元，同比下降13.9%[4,19] - 订单增加100万美元，尽管来自于上年剥离的枕木业务下降340万美元，铁路产品业务的增长抵消了全球摩擦管理和技术服务与解决方案业务的订单下降[27] 重组计划 - 公司宣布了一项重组计划，预计2024年下半年完成，预计2024年可节省200万美元，未来年度可达450万美元[4,10] - 公司调整了2024年全年财务指引，销售额预计为5.25-5.5亿美元，调整后EBITDA预计为3400-3700万美元[11] 非GAAP指标 - 公司使用EBITDA、调整后EBITDA、净债务和有机销售增长等非GAAP指标来评估业务表现[59,60,61,62] - 2024年6月30日三个月期间的调整后EBITDA为8,077千美元，2023年同期为10,601千美元，下降23.8%[1] - 2024年6月30日六个月期间的调整后EBITDA为14,010千美元，2023年同期为15,083千美元，下降7.1%[1] - 2024年6月30日的净债务为83,152千美元，2023年同期为85,625千美元，下降2.9%[2] - 公司认为这些非GAAP指标有助于投资者更好地了解公司的经营情况[59] 业务分部表现 - 2024年上半年铁路、技术和服务业务销售额为168,217千美元，2023年同期为156,000千美元，增长7.8%[4] - 2024年上半年基础设施解决方案业务销售额为96,899千美元，2023年同期为107,522千美元，下降9.9%[4] - 2024年第二季度铁路、技术和服务业务销售额为85,594千美元，2023年同期为91,616千美元，下降6.6%[3] - 2024年第二季度基础设施解决方案业务销售额为55,202千美元，2023年同期为56,418千美元，下降2.2%[3] - 2024年第二季度基础设施解决方案分部净销售额为5,520万美元，同比下降2.2%，主要由于钢铁产品业务的产品线退出和有机销售下降[29] - 2024年第二季度基础设施解决方案分部毛利为1,260万美元，同比增加240万美元，毛利率提升90个基点至22.9%，主要由于钢铁产品业务的固定资产出售收益[30] 资产负债情况 - 2024年6月30日现金及现金等价物为4,021万美元[58] - 2024年6月30日总资产为3.333亿美元[58] - 2024年6月30日总负债为1.855亿美元[58] - 2024年6月30日股东权益为1.477亿美元[58] - 公司在2024年和2023年进行了一些资产出售和业务剥离[60]

PITTSBURGH, July 30, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ:FSTR, the "Company"))), today announced that it will release its second quarter results, pre-market opening on Tuesday, August 6, 2024. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business later that morning at 11:00 A.M. Eastern Time. A presentation will be available on the Company's website under the Investor Relations page immediately after the Company's earnings ...

PITTSBURGH, July 30, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the “Company”), today announced that it will release its second quarter results, pre-market opening on Tuesday, August 6, 2024. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business later that morning at 11:00 A.M. Eastern Time. A presentation will be available on the Company’s website under the Investor Relations page immediately after the Company’s earnings ...

L.B. Foster (FSTR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.I ...

PITTSBURGH, June 26, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ:FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the "Company"), announced today the publication of its first Sustainability Report. The Report reinforces the Company's commitment to sustainable practices with a lens towards creating value across various areas, such as manufacturing, natural, human, intellectual and social & relationship. President & CEO John Kasel comment ...

PITTSBURGH, June 26, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the “Company”), announced today the publication of its first Sustainability Report. The Report reinforces the Company’s commitment to sustainable practices with a lens towards creating value across various areas, such as manufacturing, natural, human, intellectual and social & relationship. President & CEO John Kasel commen ...

L.B. Foster Company’s (FSTR) shares have appreciated 25.3% in the past six months. The company also outperformed the industry’s decline of 9.1% and topped the S&P 500’s nearly 16% rise over the same period.Image Source: Zacks Investment ResearchLet’s take a look at the factors driving the stock’s price appreciation.What’s Driving L.B. Foster?L.B. Foster witnessed solid growth in the first quarter of 2024. Despite facing challenges like divestitures and product line exits, the company's net sales soared to $ ...

L.B. Foster Company (FSTR) registered a 14.3% rise in its stock value in the past three months thanks to robust first-quarter earnings that exceeded expectations.Presenting an enticing investment opportunity with strong growth prospects, FSTR sports a Zacks Rank #1 (Strong Buy).Earnings OutperformanceIn the first quarter, FSTR outperformed expectations, with adjusted earnings of 8 cents per share, surpassing the Zacks Consensus Estimate of a loss of 16 cents. It pulled off a trailing four-quarter earnings s ...

PITTSBURGH, June 05, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present at the Three Part Advisors’ East Coast IDEAS Investor Conference on June 12, 2024 beginning at 9:15 AM EDT. Presentation materials for the conference will be posted on the Company’s Investor Relations website under “Presentations” the morning of the conferen ...

PITTSBURGH, June 05, 2024 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ:FSTR, the "Company"))), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present at the Three Part Advisors' East Coast IDEAS Investor Conference on June 12, 2024 beginning at 9:15 AM EDT. Presentation materials for the conference will be posted on the Company's Investor Relations website under "Presentations" the morning of the confere ...