Earnings summaries and quarterly performance for FOSTER L B.
Executive leadership at FOSTER L B.
John Kasel
Detailed
President and Chief Executive Officer
CEO
BK
Brian Kelly
Detailed
Executive Vice President, Senior Advisor to the Chief Executive Officer
GL
Gregory Lippard
Detailed
Senior Vice President, Rail
PG
Patrick Guinee
Detailed
Executive Vice President, General Counsel, and Corporate Secretary
WT
William Thalman
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at FOSTER L B.
Research analysts who have asked questions during FOSTER L B earnings calls.
Julio Romero
Sidoti & Company, LLC
3 questions for FSTR
Also covers: AAON, ACA, APOG +14 more
CS
Chris Sakai
Singular Research
2 questions for FSTR
Also covers: AE, CNDT, FTK +6 more
JB
John Bair
Ascend Wealth Advisors
2 questions for FSTR
Also covers: CWCO, FTCO, GHM +3 more
JB
Justin Bergner
Gabelli Funds
2 questions for FSTR
Also covers: AP, GATX, MATW +1 more
Liam Burke
B. Riley Financial
2 questions for FSTR
Also covers: ALTG, BWMN, CCEC +22 more
JS
Joichi Sakai
Singular Research
1 question for FSTR
Also covers: AE, APOG, MG +5 more
Recent press releases and 8-K filings for FSTR.
L.B. Foster discusses 2025 guidance and strategic focus at conference
FSTR
Guidance Update
Revenue Acceleration/Inflection
Share Buyback
- L.B. Foster (FSTR) provided 2025 guidance projecting sales of just over $500 million and EBITDA of $40-42 million.
- The company is undergoing a strategic transformation, shifting focus to higher-margin growth areas within infrastructure, including Global Friction Management, Total Track Monitoring, and Precast products, which are expected to drive future top-line growth and profitability.
- For Q3 2025, L.B. Foster reported modest organic growth (third consecutive quarter), $29.2 million in cash flow, and an 18% increase in backlog.
- Management anticipates a strong Q4 2025 with projected 25% organic growth and approximately $18 million in free cash flow for the year, driven by pent-up demand.
- Capital allocation priorities include debt reduction to a target leverage of 1-1.5x, a share buyback program (1.7% of shares outstanding purchased in Q3), and investment in organic growth initiatives.
Dec 10, 2025, 2:15 PM
L.B. Foster Reports Q3 2025 Results and Updates 2025 Guidance
FSTR
Earnings
Guidance Update
Share Buyback
- For Q3 2025, L.B. Foster reported net sales of $138.3 million, an increase of 0.6% year-over-year, and net cash provided by operations of $29.2 million, up $4.4 million year-over-year. Adjusted EBITDA for the quarter was down 7.9% year-over-year.
- The company reduced net debt by $10.1 million year-over-year, achieving a Gross Leverage Ratio of 1.6x for Q3 2025.
- New orders, net, increased 19.6% year-over-year to $114.8 million, contributing to a Q3 TTM book-to-bill ratio of 1.08 : 1.00 and a backlog of $247.4 million, which is 18.4% higher year-over-year.
- L.B. Foster repurchased 184,143 shares for $4.7 million in Q3 2025, representing 1.7% of outstanding shares.
- The updated 2025 guidance projects net sales between $535 million and $545 million, Adjusted EBITDA between $40 million and $42 million, and Free Cash Flow between $15 million and $20 million.
Dec 10, 2025, 2:15 PM
L.B. Foster Provides 2025 Outlook and Strategic Update
FSTR
Guidance Update
Share Buyback
Revenue Acceleration/Inflection
- L.B. Foster (FSTR) projects 2025 sales to be just over $500 million and EBITDA to be $40-42 million, with anticipated free cash flow of around $18 million.
- The company expects a strong Q4 2025, with a $32 million year-over-year sales increase at the midpoint of guidance, supported by a backlog that was $38 million higher than last year at the beginning of Q4. Organic growth in Q4 2025 is 25%.
- Strategic efforts are concentrated on higher-margin growth platforms such as Global Friction Management, Total Track Monitoring, and Precast Products, while actively managing or divesting legacy businesses.
- In Q3 2025, cash flow reached $29.2 million, an increase of $4.4 million over the prior year, and the company repurchased 1.7% of shares outstanding under its $32 million share buyback authorization.
Dec 10, 2025, 2:15 PM
L.B. Foster Reports Q3 2025 Results, Projects Strong Q4 Growth
FSTR
Earnings
Guidance Update
Share Buyback
- L.B. Foster reported modest sales growth of 0.6% for Q3 2025, with the infrastructure segment sales increasing by 4.4% while rail revenues declined by 2.2%.
- Adjusted EBITDA for Q3 2025 was $11.4 million, a 7.9% decrease year-over-year, and net income declined to $4.4 million.
- The company generated $29.2 million in cash from operations during Q3 2025, which helped reduce net debt to $55.3 million and improve the gross leverage ratio to 1.6 times.
- L.B. Foster repurchased approximately 184,000 shares in Q3 2025 and ended the quarter with a backlog of $247.4 million, an 18.4% increase over last year, supported by a trailing 12-month book-to-bill ratio of 1.08 to 1.
- Management anticipates a strong Q4 2025, projecting 25% sales growth and a 115% increase in adjusted EBITDA at the midpoint, driven by the elevated backlog and deferred rail distribution orders.
Nov 3, 2025, 1:30 PM
L.B. Foster Announces Q3 2025 Results and Updates Full-Year Guidance
FSTR
Earnings
Guidance Update
Share Buyback
- L.B. Foster reported Q3 2025 net sales of $138.3 million, a 0.6% increase year-over-year, with Adjusted EBITDA decreasing by 7.9% to $11.4 million.
- Diluted earnings per share for Q3 2025 were $0.40, an 87.8% decrease year-over-year, primarily due to a $30.0 million tax benefit realized in the prior year.
- The company generated $29.2 million in net cash from operations, an increase of $4.4 million year-over-year, and reduced net debt by $10.1 million year-over-year, bringing the Gross Leverage Ratio to 1.6x.
- New orders, net, increased by 19.6% year-over-year to $114.8 million, contributing to a backlog of $247.4 million, up 18.4% year-over-year.
- L.B. Foster updated its 2025 guidance, projecting net sales between $535 million and $545 million, and Adjusted EBITDA between $40 million and $42 million.
Nov 3, 2025, 1:30 PM
L.B. Foster Reports Q3 2025 Sales Growth and Strong Cash Generation, Updates 2025 Guidance
FSTR
Earnings
Guidance Update
Share Buyback
- L.B. Foster Company reported net sales of $138.286 million for Q3 2025, a 0.6% increase over the prior year, with Infrastructure sales up 4.4%.
- The company generated $26.372 million in Free Cash Flow in Q3 2025, leading to a $22.9 million reduction in total debt during the quarter and lowering the Gross Leverage Ratio to 1.6x.
- Backlog increased by 18.4% to $247.4 million year-over-year, primarily driven by a 58.2% increase in Rail backlog.
- L.B. Foster updated its 2025 guidance, projecting a 22% increase in Adjusted EBITDA for the full year and anticipating Q4 Adjusted EBITDA to be up 115% on 25% sales growth.
- During the quarter, the company deployed $4.7 million to repurchase 184,143 shares.
Nov 3, 2025, 12:38 PM
L.B. Foster Reports Q3 2025 Results and Updates Full-Year Guidance
FSTR
Earnings
Guidance Update
Share Buyback
- L.B. Foster Company reported third quarter 2025 net sales of $138.3 million, a 0.6% increase over the prior year, with Adjusted EBITDA decreasing 7.9% to $11.4 million.
- The company's backlog increased 18.4% year-over-year to $247.4 million, driven by a 58.2% increase in the Rail segment.
- L.B. Foster generated $26.4 million in free cash flow during the third quarter, reducing its Gross Leverage to 1.6x from 1.9x last year, and deployed $4.7 million to repurchase shares.
- The company revised its 2025 full-year guidance, anticipating 2% sales growth and a 22% increase in Adjusted EBITDA at the mid-points, with fourth quarter Adjusted EBITDA expected to be up 115% on 25% sales growth.
Nov 3, 2025, 12:30 PM
L.B. Foster Highlights Margin Improvement and Growth Drivers at Small Cap Conference
FSTR
Guidance Update
Revenue Acceleration/Inflection
Share Buyback
- L.B. Foster has achieved a 540 basis point improvement in margin since 2021 and reported a 2% organic sales increase year-over-year in the most recent quarter, marking the first such increase in five quarters. The company's EBITDA has grown from 3.6% of sales ($19 million) in 2021 to a trailing 12-month 6.1% of sales ($34 million), with a midpoint guidance of $42 million for the current year.
- The company anticipates strong growth in the second half of 2025, projecting 43% backlog growth and 14% organic growth. This growth is expected to be driven by increased government funding, including 30% of IIJA money spent and significant CRISI Grant funding , as well as potential railroad industry consolidation.
- L.B. Foster is actively executing a $40 million share repurchase program and aims to reduce its debt/EBITDA leverage from 2.2x to a target range of 1x to 1.5x. The company is currently trading at approximately 8x forward EBITDA with a cash flow yield of around 7%.
Sep 18, 2025, 1:15 PM
FSTR Reports Strong Q2 2025 Results and Reaffirms Full-Year Guidance
FSTR
Guidance Update
Revenue Acceleration/Inflection
Share Buyback
- FSTR reported strong Q2 2025 results, with net sales up 2.0% year-over-year to $143.6M and Adjusted EBITDA increasing by 51.4% year-over-year. The company's backlog reached $270M, an 8.1% increase year-over-year and 13.8% sequentially, with a Q2 TTM book-to-bill ratio of 1.04:1.00.
- The company reaffirmed its 2025 guidance, projecting net sales between $535M and $555M, Adjusted EBITDA between $40M and $44M, and Free Cash Flow between $15M and $25M. Management expects accelerated growth and profitability expansion in H2 2025, with Adjusted EBITDA growth of ~43% and organic sales growth of ~14%.
- FSTR's strategic transformation has led to structural improvement in profitability, with TTM Q2 2025 gross margin at 22.1% and Adjusted EBITDA margin at 6.8%. This transformation involved divesting lower-margin businesses and acquiring higher-margin ones.
- The company continues its focus on diligent debt management and shareholder returns, with net debt down $6.6M year-over-year to $77.4M in Q2 2025. FSTR has $36.7M remaining under its share repurchase authorization through February 2028.
Sep 18, 2025, 1:15 PM
L. B. Foster Co. Reports Strong Q2 2025 Performance and Outlines Strategic Transformation
FSTR
Revenue Acceleration/Inflection
Guidance Update
Share Buyback
- L. B. Foster Co. (FSTR) reported a strong Q2 2025, achieving 2% organic top-line growth overall and a 51.4% increase in EBITDA year-over-year, driven by 22.4% growth in its infrastructure business.
- The company is undergoing a strategic transformation, shifting towards technology innovation, which has resulted in a 540 basis point improvement in profit margin between 2021 and 2024 and significant growth in segments like total track monitoring (273% growth) and precast (119% growth) since 2021.
- Management anticipates continued strong performance in the second half of 2025, projecting $41 million in free cash flow, 43% adjusted EBITDA growth, and 14% organic sales growth, supported by a 36.8% increase in backlog.
- L. B. Foster is actively returning capital to shareholders through a $40 million share buyback program and aims to maintain a leverage ratio between 1 and 1.5 times.
Aug 27, 2025, 7:05 PM
Quarterly earnings call transcripts for FOSTER L B.
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