Recap: Insteel Industries Q4 Earnings

Insteel Industries (NYSE: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.

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.

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.