Insteel Industries (IIIN) Q2 Earnings Surpass Estimates

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 ...