Insteel Indus IIIN reported its Q3 earnings results on Thursday, July 21, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Insteel Indus missed estimated earnings by 5.77%, reporting an EPS of $1.96 versus an estimate of $2.08.
Revenue was up $66.43 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.73 which was followed by a 2.44% drop in the share price the next day.
Here's a look at Insteel Indus's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 1.26 | 0.91 | 0.94 | 0.76 |
EPS Actual | 1.99 | 1.18 | 1.28 | 1 |
Revenue Estimate | 189.64M | 153.99M | 170.62M | 154.97M |
Revenue Actual | 213.21M | 178.46M | 171.26M | 160.74M |
To track all earnings releases for Insteel Indus visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.