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Insteel Industries (IIIN) Q2 Earnings Surpass Estimates
Zacks Investment Research· 2024-04-25 12:41
Insteel Industries (IIIN) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 59.09%. A quarter ago, it was expected that this maker of steel wire reinforcing for the concrete and construction industry would post earnings of $0.05 per share when it actually produced earnings of $0.06, del ...
Insteel(IIIN) - 2024 Q2 - Quarterly Results
2024-04-25 10:30
Second Quarter 2024 Highlights Second Quarter 2024 Results Net earnings for the second quarter of fiscal 2024 increased to $6.9 million, or $0.35 per diluted share, from $5.1 million, or $0.26 per share, in the same period a year ago. Insteel's results for the second quarter benefited from widening spreads between selling prices and raw material costs relative to the prior year quarter. Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Contact: Scot Jafroodi Vice President, Chief Financial Officer and Treasur ...
Insteel(IIIN) - 2024 Q1 - Earnings Call Transcript
2024-01-18 18:18
Insteel Industries, Inc. (NYSE:IIIN) Q1 2024 Earnings Conference Call January 18, 2024 10:00 AM ET Company Participants H. Woltz - President & Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer & Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - KC Capital Operator Good morning, and welcome to Insteel Industries First Quarter 2024 Earnings Call. My name is Carla, and I will be your operator for today. [Operator Instructions] I will now hand ove ...
Insteel(IIIN) - 2024 Q1 - Quarterly Report
2024-01-18 17:06
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 December 30, 2023. or ☐ 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: 1-9929 Insteel Industries Inc. (Exact name of registrant as specified in its charter) North Carolina 56-0674867 (State or other ...
Insteel(IIIN) - 2023 Q4 - Annual Report
2023-10-26 15:47
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 OR ☐ 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 1-9929 North Carolina (State or other jurisdiction of incorporation or organization) 56-0674867 (I.R.S. Employer Identification No.) 1373 Boggs Dri ...
Insteel(IIIN) - 2023 Q4 - Earnings Call Transcript
2023-10-19 19:04
Insteel Industries, Inc. (NYSE:IIIN) Q4 2023 Earnings Conference Call October 19, 2023 10:00 AM ET Company Participants H. Woltz - President & Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer & Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - KC Capital Operator Hello, everyone and welcome to Insteel Industries Fourth Quarter 2023 Earnings Call. My name is Runo, and I will be operating your call today. [Operator Instructions] I will now hand ...
Insteel(IIIN) - 2023 Q3 - Earnings Call Presentation
2023-08-10 11:47
Business Overview Demand is both cyclical and seasonal. Shipments are usually higher in the third and fourth quarters of the fiscal year (April to September) when weather conditions are more conducive to construction activity, and lower in the first and second quarters. Welded Wire Reinforcement ("WWR") 5 6 Largest domestic producer of WWR and PC strand and only producer with a national market presence. Continued conversion of rebar users to ESM for cast-in-place applications represents substantial growth o ...
Insteel(IIIN) - 2023 Q3 - Quarterly Report
2023-07-20 16:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended July 1, 2023. or ☐ 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: 1-9929 Insteel Industries Inc. (Exact name of registrant as specified in its charter) North Carolina 56-0674867 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1373 Boggs Drive, M ...
Insteel(IIIN) - 2023 Q3 - Earnings Call Transcript
2023-07-20 15:08
Insteel Industries, Inc. (NYSE:IIIN) Q3 2023 Earnings Conference Call July 20, 2023 10:00 AM ET Company Participants H. Woltz - President & Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer & Treasurer Conference Call Participants Tyson Bauer - KC Capital Julio Romero - Sidoti & Co. Operator Good morning, and welcome to the Insteel Industries' Third Quarter 2023 Earnings Call. My name is Carla, and I will be the operator of today's call. [Operator Instructions] I would now like ...
Insteel(IIIN) - 2023 Q2 - Quarterly Report
2023-04-20 16:53
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 April 1, 2023. or ☐ 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: 1-9929 Insteel Industries Inc. (Exact name of registrant as specified in its charter) North Carolina 56-0674867 (State or other jurisdiction ...