Insteel Indus IIIN reported its Q4 earnings results on Thursday, October 21, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Insteel Indus beat their estimated earnings by 36.17%, which surprised analysts.
Revenue was up $33,027,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 4.6% increase in the share price the next day.
Here's a look at Insteel Indus's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.76 | 0.48 | 0.29 | 0.24 |
| EPS Actual | 1 | 0.76 | 0.45 | 0.41 |
| Revenue Estimate | 154.97M | 126.71M | 102.78M | 114.32M |
| Revenue Actual | 160.74M | 139.00M | 119.61M | 138.23M |
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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