Insteel Industries (IIIN) Q4 Earnings Meet Estimates
IIINInsteel(IIIN) ZACKS·2024-10-17 20:40

Insteel Industries (IIIN) came out with quarterly earnings of 0.24pershare,inlinewiththeZacksConsensusEstimate.Thiscomparestoearningsof0.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of 0.29 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of steel wire reinforcing for the concrete and construction industry would post earnings of 0.38persharewhenitactuallyproducedearningsof0.38 per share when it actually produced earnings of 0.34, delivering a surprise of -10.53%.Over the last four quarters, the company has surp ...