NASDAQ$FSTR

Foster (Lb) Co-A · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

L.B. Foster's Q4 2019 operating results were reported, featuring a net income of $26.3 million and a sales decrease of 9.2% compared to the prior year quarter.

L.B. Foster reported a mixed Q4 2019 with a significant increase in net income driven by a tax benefit, but also a decrease in sales. New orders increased substantially, leading to a higher backlog. The company focused on efficiency and working capital management.

  • Net income for the fourth quarter was $26.3 million, or $2.46 per diluted share.
  • Sales for the fourth quarter decreased by 9.2% to $149.4 million.
  • New orders in the fourth quarter increased by 31.5% year-over-year.
  • Backlog increased by 4.4% from the prior year end to $230.1 million.

Headline financials

Total Revenue

$149M

Previous: $165M-9.2%
EPS (adj)

$0.08

Previous: $0.21-61.9%
Adjusted EBITDA

$9.6M

Previous: $11.4M-15.8%
Backlog

$230M

No prior period
Capital Expenditures

$3.79M

Previous: $2.06M+84.6%
Free Cash Flow

$12.2M

Previous: $1.48M+723.5%
Net Income

$26.3M

Previous: -$39.1M+167.3%
Operating Income

-$1.3M

Previous: $11.1M-111.7%
Gross Profit

$27.4M

Previous: $33M-17.0%
Cash & Equivalents

$14.2M

Previous: $10.3M+37.9%
Total Assets

$405M

Previous: $383M+5.7%
Stock-Based Comp

$245K

Previous: $998K-75.5%

Revenue & EPS history

Foster · Revenue · Quarterly

$149M

Q4 2019-9.2%vs Q4 2018
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Revenue by segment

Foster · $16.2M total across 1 segment · Q2 2021

  • Infrastructure Solutions
    $16.2M

Forward guidance

Company is continuing to invest in expanding service and solutions offerings in attractive segments and modernization programs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-2.6%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.5%

Avg return

30 days after

36%

23 / 64 earnings

Positive

+25.8%

Q1 2017

Best reaction

-36.2%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+19.1%+37.8%+35.0%
Q4 2025-8.3%-10.1%-13.0%
Q3 2025-0.5%-1.1%-0.3%
Q1 2025-3.8%-11.7%-6.9%
Q4 2024-12.3%-19.4%-28.0%
Q3 2024+2.4%+10.1%+36.5%
Q2 2024-21.9%-11.5%-8.1%
Q1 2024+10.4%+22.3%+7.0%
Q4 2023-7.0%-4.0%+9.9%
Q3 2023-6.6%-5.3%-7.9%
Q2 2023+10.2%+20.8%+26.2%
Q1 2023-1.4%-2.5%+29.6%
Q4 2022+0.2%-1.3%-6.2%
Q3 2022+3.2%+12.9%-18.5%
Q2 2022-4.3%-3.7%-24.1%
Q1 2022-4.0%-5.1%+2.2%
Q4 2021-5.7%-2.2%-2.2%
Q3 2021-0.7%-0.2%-7.8%
Q2 2021-0.8%-0.8%-7.2%
Q1 2021+0.9%+4.0%+13.4%
Q4 2020+1.1%+4.5%+5.4%
Q3 2020-1.8%+2.8%+7.5%
Q2 2020+0.3%+3.3%-2.8%
Q1 2020-10.7%-9.6%+9.8%
Q4 2019-6.6%-7.7%-34.1%
Q3 2019-9.2%-8.8%-6.0%
Q2 2019-7.0%-7.8%-22.9%
Q1 2019+16.5%+15.9%+11.4%
Q4 2018-3.1%-0.6%+26.0%
Q3 2018+10.3%+15.4%+6.4%
Q2 2018+13.9%+11.6%+4.1%
Q1 2018-2.5%-7.4%-1.5%
Q4 2017-8.6%-12.1%-17.7%
Q3 2017-10.5%-9.3%-7.1%
Q2 2017+7.1%+9.7%+8.6%
Q1 2017+25.8%+19.4%+29.7%
Q4 2016-0.2%-4.8%-13.5%
Q3 2016-23.2%-12.2%+21.3%
Q2 2016-17.9%-16.1%+5.3%
Q1 2016-36.2%
Q4 2015+13.0%
Q3 2015-28.8%
Q2 2015-28.3%
Q1 2015+0.2%
Q4 2014-20.5%
Q3 2014-1.8%
Q2 2014+5.4%
Q1 2014-1.1%
Q4 2013+5.3%
Q3 2013-2.2%
Q2 2013-6.0%
Q1 2013+3.1%
Q4 2012-4.5%
Q3 2012+11.3%
Q2 2012+9.0%
Q1 2011+2.7%
Q1 2012+2.7%
Q4 2011-1.6%
Q4 2009-1.6%
Q3 2010-4.4%
Q3 2011-4.4%
Q2 2011-6.6%
Q2 2010-6.6%
Q4 2010-6.6%

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