Insteel Industries, Inc. (NYSE:IIIN) Q3 2024 Earnings Call Transcript July 18, 2024 10:00 AM ET Company Participants H. Woltz - CEO Scot Jafroodi - VP, CFO and Treasurer Conference Call Participants Julio Romero - Sidoti Kevin Gainey - Thompson Davis Tyson Bauer - KC Capital Operator Good morning, all. Thank you for joining us for the Insteel Industries Third Quarter 2024 Earnings Call. My name is Carly, and I will be coordinating your call today. [Operator Instructions] I will now hand over to your host, H ...

Our cash flows and earnings are subject to fluctuations resulting from changes in commodity prices, interest rates and foreign exchange rates. We manage our exposure to these market risks through internally established policies and procedures and, when appropriate, the use of derivative financial instruments. We do not use financial instruments for trading purposes and are not a party to any leveraged derivatives. We monitor our underlying market risk exposures on an ongoing basis and believe we can modify ...

Insteel Industries (IIIN) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. Insteel Industries shares have lost about 15.8% since the beginning of the year versus the S&P 500's gain of 17.2%. Ahead of this earnings release, the estimate revisions trend for Insteel Industries: unfavorable. While the magnitude and direction of estimate revisio ...

Exhibit 99.1 NEWS RELEASE Third Quarter 2024 Highlights Third Quarter 2024 Results Net earnings for the third quarter of fiscal 2024 decreased to $6.6 million, or $0.34 per share, from $10.6 million, or $0.54 per share, for the same period a year ago. Despite higher shipments, Insteel's third quarter results were unfavorably impacted by narrower spreads between selling prices and raw material costs relative to the prior year quarter. FOR IMMEDIATE RELEASE Contact: Scot Jafroodi Vice President, Chief Financi ...

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. One stock to keep an eye on is Insteel Industries (IIIN) . IIIN is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Thi ...

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Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies ...

Investors might want to bet on Insteel Industries (IIIN) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individua ...

Insteel Industries, Inc. (NYSE:IIIN) Q2 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants H. Woltz - Chairman, President and Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - KC Capital Operator Good morning. Thank you for attending the Insteel Industries’ Second Quarter 2024 Earnings Call. My name is Matt, and I will be your moderator for today’s call. [Operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 30, 2024. ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 1-09929 Insteel Industries Inc. (Exact name of registrant as specified in its charter) North Carolina 56-0674867 (State or other jurisdiction ...