L.b. foster reports q3 eps of $0.29

L.b. foster reports third quarter operating results.q3 earnings per share $0.29.q3 sales fell 7.7 percent to $154.3 million.sees q4 2019 revenue $155 million to $170 million.sees fy revenue $660 million to $675 million.l.b. foster - delays in project-starts for transportation projects, particularly from transit rail customers is also reflected in q3 bookings decline.anticipate q4 ebitda will exceed reported q3 ebitda of $8.6 million.l.b. foster - "backlog typically declines in q4, although there are number of large projects that we expect to secure in quarter that could reverse trend".weakness is expected to persist in energy and u.s. freight rail markets in q4.
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