L.B. Foster (FSTR) Reports Q4 EPS of $0.21

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Go back to L.B. Foster (FSTR) Reports Q4 EPS of $0.21

L.B. Foster Reports Fourth Quarter and Full Year 2018 Operating Results

March 18, 2019 7:40 AM EDT

PITTSBURGH, March 18, 2019 (GLOBE NEWSWIRE) -- L.B. Foster Company (NASDAQ: FSTR), a leading manufacturer and distributor of products and services for transportation and energy infrastructure, today reported its fourth quarter and full year 2018 operating results, which included the following performance highlights:

Fourth Quarter

Net loss of $41.2 million, or $3.97 loss per diluted share, reflecting the settlement of the concrete tie warranty claim with Union Pacific Railroad (UPRR), as discussed below.Adjusted net income1 of $2.2 million, or $0.21 income per adjusted diluted share1, excluding the effect of... More