FSTR Historical Income Statement
FSTR Stock | USD 27.57 0.30 1.10% |
Historical analysis of LB Foster income statement accounts such as Total Revenue of 419.1 M or Gross Profit of 68 M can show how well LB Foster performed in making a profits. Evaluating LB Foster income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LB Foster's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining LB Foster latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LB Foster is a good buy for the upcoming year.
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About FSTR Income Statement Analysis
LB Foster Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to LB Foster shareholders. The income statement also shows FSTR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
LB Foster Income Statement Chart
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Operating Income
Operating Income is the amount of profit realized from LB Foster operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of LB Foster is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from LB Foster's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LB Foster current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in LB Foster. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in FSTR Stock, please use our How to Invest in LB Foster guide.At this time, LB Foster's Depreciation And Amortization is relatively stable compared to the past year. As of 11/22/2024, Operating Income is likely to grow to about 12.4 M, while Total Revenue is likely to drop slightly above 419.1 M.
2023 | 2024 (projected) | Reconciled Depreciation | 15.8M | 12.1M | Interest Income | 353.1K | 294.3K |
LB Foster income statement Correlations
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LB Foster Account Relationship Matchups
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LB Foster income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 6.6M | 13.6M | 13.9M | 14.8M | 15.3M | 16.0M | |
Interest Expense | 4.9M | 3.8M | 3.0M | 3.3M | 5.5M | 3.4M | |
Total Revenue | 655.1M | 497.4M | 513.6M | 497.5M | 543.7M | 419.1M | |
Gross Profit | 121.4M | 95.0M | 86.3M | 89.6M | 112.8M | 68.0M | |
Other Operating Expenses | 628.2M | 481.8M | 509.1M | 496.7M | 533.6M | 405.6M | |
Operating Income | 22.3M | 17.7M | 7.5M | 2.4M | 10.1M | 12.4M | |
Ebit | 22.3M | 15.6M | 4.5M | (5.6M) | 11.0M | 7.9M | |
Ebitda | 28.9M | 29.2M | 18.4M | 9.2M | 26.3M | 15.6M | |
Cost Of Revenue | 533.7M | 402.4M | 427.3M | 407.9M | 430.9M | 351.0M | |
Total Operating Expenses | 94.6M | 79.4M | 81.8M | 88.8M | 102.7M | 54.6M | |
Income Before Tax | 17.4M | 14.0M | 4.6M | (9.0M) | 944K | 896.8K | |
Total Other Income Expense Net | (4.9M) | (1.7M) | 119K | (1.8M) | (3.7M) | (3.8M) | |
Net Income | 42.6M | 25.8M | 3.6M | (45.7M) | 1.5M | 2.3M | |
Income Tax Expense | (25.2M) | (11.8M) | 1.1M | 36.7M | (355K) | (337.3K) | |
Selling General Administrative | 88.0M | 73.6M | 76.0M | 82.7M | 93.5M | 58.5M | |
Net Income Applicable To Common Shares | 42.6M | 7.6M | 3.6M | (45.6M) | (41.0M) | (39.0M) | |
Research Development | 2.6M | 2.6M | 2.2M | 2.2M | 2.6M | 2.6M | |
Net Income From Continuing Ops | 42.6M | 25.8M | 3.5M | (45.7M) | (42.2M) | (40.1M) | |
Non Operating Income Net Other | (4.5M) | 2.1M | 3.1M | 1.6M | 1.4M | 1.2M | |
Tax Provision | (25.2M) | (11.8M) | 1.1M | 36.7M | 36.4M | 38.3M | |
Net Interest Income | (4.9M) | (3.8M) | (3.0M) | (3.3M) | (6.0M) | (6.3M) | |
Reconciled Depreciation | 17.6M | 13.6M | 13.9M | 6.1M | 15.8M | 12.1M |
Pair Trading with LB Foster
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LB Foster position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LB Foster will appreciate offsetting losses from the drop in the long position's value.Moving together with FSTR Stock
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The ability to find closely correlated positions to LB Foster could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LB Foster when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LB Foster - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LB Foster to buy it.
The correlation of LB Foster is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LB Foster moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LB Foster moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LB Foster can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for FSTR Stock Analysis
When running LB Foster's price analysis, check to measure LB Foster's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LB Foster is operating at the current time. Most of LB Foster's value examination focuses on studying past and present price action to predict the probability of LB Foster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LB Foster's price. Additionally, you may evaluate how the addition of LB Foster to your portfolios can decrease your overall portfolio volatility.