Insteel Industries (IIIN) Q4 Earnings Lag Estimates

Impact · against what's priced in

Insteel Industries (IIIN) saw a negative earnings surprise with Q4 EPS of $0.4 missing estimates of $0.49, despite a modest revenue beat. While revenue growth is positive year-over-year, the significant decline in EPS compared to the prior year ($0.74) weighs on the outlook.

IIIN−0.30

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In context

The company missed quarterly EPS estimates by 18.37%, reporting $0.4 per share against a consensus of $0.49, while revenue of $209.28 million slightly exceeded estimates.

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• industrial metalsNew
• earnings▲15%
• IIIN
• construction
• earnings miss
• steel

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