Insteel Indus: Q2 Earnings Insights

Insteel Indus IIIN reported its Q2 earnings results on Thursday, April 20, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Insteel Indus missed estimated earnings by 43.48%, reporting an EPS of $0.26 versus an estimate of $0.46.

Revenue was down $54.16 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.28 which was followed by a 3.61% increase in the share price the next day.

Here's a look at Insteel Indus's past performance:

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.