Don't miss out on the highly anticipated fourth quarter financial results of Insteel Industries (NYSE: IIIN) set to be unveiled on Thursday 17th October 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance before market open.
Based on the predictions of financial experts on Wall Street, the enterprise is expected to reveal an anticipated $0.31 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $145.2 million for the quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $540.09 million. Additionally, they expect the company to reach profit of $1.05 per share for the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.29 per share. This number was attributed to the company's total revenue, which settled at an impressive $157.52 million during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q3 2024 | $0.34 | -37.0% | 145.78 M | -12.0% |
| Q2 2024 | $0.35 | +34.6% | 127.39 M | -19.9% |
| Q1 2024 | $0.06 | -89.5% | 121.73 M | -27.1% |
| Q4 2023 | $0.29 | -76.6% | 157.52 M | -24.3% |
| Q3 2023 | $0.54 | -72.4% | 165.71 M | -27.1% |
| *Growth on year-over-year basis | ||||
IIIN will host a conference call with investment community on 17th October 2024 at 10:00 AM eastern time to discuss the financial results.
Throughout the trading day, Insteel Industries (IIIN) shares fluctuated between $29.34 and $29.87, with a trading volume of 130.80 thousand shares. The stock ended the regular trading session at $29.50, demonstrating decrease of 0.03 percent.
