Earnings Outlook For Insteel Indus
Portfolio Pulse from Benzinga Insights
Insteel Indus (NYSE:IIIN) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.66. The company's past performance shows a pattern of share price drops following earnings misses. The stock is currently trading at $31.6, down 8.82% over the last 52-week period.
July 19, 2023 | 6:02 pm
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Insteel Indus is expected to report an EPS of $0.66 in its upcoming earnings report. The company's stock has historically dropped following earnings misses.
Insteel Indus has a history of its stock price dropping following earnings misses. Given that the company is expected to report an EPS of $0.66, if it fails to meet this estimate, it's likely that the stock price will drop again. Additionally, the stock has been on a downward trend, decreasing by 8.82% over the last 52-week period.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100