Insteel Industries Inc reports results for the quarter ended September 30 - Earnings Summary
Insteel Industries Inc reports results for the quarter ended September 30 - Earnings Summary
Insteel Industries Inc IIIN.N reported quarterly adjusted earnings of 40 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 74 cents. The mean expectation of two analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 47 cents to 51 cents per share.
Revenue rose 17.9% to $209.28 million from a year ago; analysts expected $201.31 million.
Insteel Industries Inc's reported EPS for the quarter was 40 cents.
The company reported quarterly net income of $7.72 million.
Insteel Industries Inc shares had risen by 4.3% this quarter and lost 4.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
Wall Street's median 12-month price target for Insteel Industries Inc is $39.00, about 22.1% above its last closing price of $30.39
This summary was machine generated from LSEG data October 22 at 02:08 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 0.49 | 0.40 | Missed |
Jun. 30 2026 | 0.77 | 0.46 | Missed |
Mar. 31 2026 | 0.64 | 0.27 | Missed |
Dec. 31 2025 | 0.40 | 0.39 | Missed |
Recent news on Insteel Industries
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Insteel Industries Inc reports results for the quarter ended September 30 - Earnings Summary
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