Rail Distribution L B Foster LB Foster Company missed EPS expectations in Q2 2024 and lowered guidance for the year, leading to a significant decline in share price Challenges include a decline in the rail market US-based LB Foster announced an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail The German business provides track lubrication and switch roller equipment for
Rail Distribution L B Foster UK-based Tracksure, a wholly owned subsidiary of Wheelsure Holdings, and US-based LB Foster Company have concluded an exclusive distribution agreement, which will see LB Foster sell the innovative LB Foster Company (NASDAQ: FSTR) registered a 143% rise in its stock value in the past three months thanks to robust first-quarter earnings that exceeded expectations Presenting an enticing This outlook follows LB Foster's Q2 2024 performance, which fell short of expectations due to a weakened rail market that impacted volumes and pricing The company reported a net income of $73
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