L.B. Foster (FSTR) Misses Q2 EPS Views; Issues Light FY15 Outlook

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L.B. Foster Reports Second Quarter Operating Results

August 4, 2015 8:00 AM EDT

PITTSBURGH, Aug. 04, 2015 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a leading manufacturer, fabricator, and distributor of products and services for rail, construction, energy and utility markets, today reported its second quarter 2015 operating results, including:

Sales increased by 2.7% to $171.4 million Gross profit margin improved to 21.6% Diluted EPS decreased by 22.4% to $0.52 per diluted share Recent acquisitions contributed $30.3 million of sales at 20.1% gross profit margins in the second quarter Current year results include a $0.4 million pretax charge ($.02 per diluted share)... More