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Stock impact report

General Industrial Machinery Stocks Q3 In Review: L.B. Foster (NASDAQ:FSTR) Vs Peers [Yahoo! Finance]

L.B. Foster Company (FSTR) 
Last l.b. foster company earnings: 2/25 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Foster (NASDAQ:FSTR). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q3. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was 5.5% below. Luckily, general industrial machinery stocks have performed well with share prices up 11.5% on average since the latest earnings results. Founded with a $2,500 loan, L.B. Foster (NASDAQ:FSTR) is a provider of products and services for the transportation and energy infr Show less Read more
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