L.B. Foster Shares Rise As Company Swings to 1Q Profit

Dow Jones
May 04

By Christopher Kuo

 

L.B. Foster shares rose after the company swung to a profit in its first quarter.

Shares of the rail and infrastructure solutions company rose 11% Monday to $34.19. The company's shares climbed to a five-year high of $34.98 Monday.

The company on Monday posted a profit of $1.5 million, or 14 cents a share, compared with a loss of $2.1 million, or 20 cents a share, a year earlier.

Sales rose to $121.1 million from $97.8 million a year earlier.

The company reaffirmed its fiscal guidance for 2026. It expects full-year sales of $540 million to $580 million. Analysts are expecting sales of $556.6 million.

 

Write to Christopher Kuo at chris.kuo@wsj.com

 

(END) Dow Jones Newswires

May 04, 2026 11:15 ET (15:15 GMT)

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