Recap: Insteel Industries Q4 Earnings

Loading...
Loading...

Insteel Industries IIIN reported its Q4 earnings results on Thursday, October 20, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Insteel Indus missed estimated earnings by 31.49%, reporting an EPS of $1.24 versus an estimate of $1.81.

Revenue was up $36.73 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 7.28% drop in the share price the next day.

Here's a look at Insteel Indus's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 2.08 1.26 0.91 0.94
EPS Actual 1.96 1.99 1.18 1.28
Revenue Estimate 240.17M 189.64M 153.99M 170.62M
Revenue Actual 227.17M 213.21M 178.46M 171.26M

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.

Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...