L.B. Foster's Q3: Revenue, Profit Fall, Backlog Grows
Update: 2025-11-10
Description
L.B. Fosters Q3 financials disappoint, with revenue and earnings missing estimates. Rail segment struggles due to UK business downsizing and delayed sales. Infrastructure sales grow, but overall profitability drops due to higher production costs. Despite challenges, strong cash flow and increased backlog offer hope. Full-year revenue guidance lowered to $540M, reflecting realistic delivery capacity. Investors eye backlog conversion and margin recovery in the Rail segment.
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