LB Foster (Nasdaq: FSTR) is expected to report Q2 earnings on Aug. 6. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict LB Foster's revenues will expand 6.3% and EPS will turn positive

The average estimate for revenue is $175.3 million. On the bottom line, the average EPS estimate is $0.97.

Revenue details
Last quarter, LB Foster booked revenue of $129.3 million. GAAP reported sales were 13% higher than the prior-year quarter's $114.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
Last quarter, EPS came in at $0.48. GAAP EPS of $0.48 for Q1 were 45% higher than the prior-year quarter's $0.33 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Recent performance
For the preceding quarter, gross margin was 19.2%, 30 basis points better than the prior-year quarter. Operating margin was 5.4%, 190 basis points better than the prior-year quarter. Net margin was 3.8%, 90 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $634.3 million. The average EPS estimate is $3.11.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 430 members out of 457 rating the stock outperform, and 27 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give LB Foster a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LB Foster is outperform, with an average price target of $47.67.

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