L.B. Foster second-quarter profits down

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L.B. Foster Co. reported second-quarter profit was down year-over-year.

The Green Tree-based company reported net income of $6.86 million or 67 cents per share, compared with $7.3 million, or 71 cents per share, for the same quarter in 2013. Sales for the second quarter were $166.8 million, compared to sales of $150 million a year ago.

A consensus of analysts by Thomson Reuters was estimating earnings per share of $0.86.

Green Tree-based L.B. Foster makes and ships construction and transportation materials.

First Published August 4, 2014 12:00 AM

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