Insteel Industries (IIIN) Lags Q3 Earnings and Revenue Estimates
IIINInsteel(IIIN) ZACKS·2024-07-18 20:41

Insteel Industries (IIIN) came out with quarterly earnings of 0.34pershare,missingtheZacksConsensusEstimateof0.34 per share, missing the Zacks Consensus Estimate of 0.38 per share. This compares to earnings of 0.54pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−10.530.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.53%. A quarter ago, it was expected that this maker of steel wire reinforcing for the concrete and construction industry would post earnings of 0.22 per share when it actually produced earnings of $0.35, de ...