L.B. Foster (FSTR) Earning Somewhat Positive News Coverage, Report Finds

News headlines about L.B. Foster (NASDAQ:FSTR) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. L.B. Foster earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 47.0977053640512 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

L.B. Foster (FSTR) traded up 1.67% during midday trading on Friday, hitting $18.30. The stock had a trading volume of 78,537 shares. The stock’s market cap is $189.26 million. L.B. Foster has a 52 week low of $9.25 and a 52 week high of $22.00. The company has a 50-day moving average price of $19.45 and a 200-day moving average price of $16.52.

L.B. Foster (NASDAQ:FSTR) last announced its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.32. L.B. Foster had a negative return on equity of 27.82% and a negative net margin of 9.83%. The firm had revenue of $144.86 million during the quarter. Equities analysts expect that L.B. Foster will post ($0.81) EPS for the current year.

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About L.B. Foster

L.B. Foster Company is a manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets. The Company’s segments include Rail Products and Services, Construction Products, and Tubular and Energy Services. Its Rail Products segment provides a range of new and used rail, trackwork and accessories to railroads, mines and industry.

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