Earnings Outlook For Insteel Indus
Portfolio Pulse from Benzinga Insights
Insteel Indus (NYSE:IIIN) is set to release its quarterly earnings report on October 19, 2023. Analysts estimate an EPS of $0.66. The company's stock price increased by 5.07% the day after it missed EPS by $0.12 last quarter. Shares of Insteel Indus were trading at $33.34 as of October 17, with a 52-week increase of 21.78%.
October 18, 2023 | 5:01 pm
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Insteel Indus is expected to report an EPS of $0.66 for Q3 2023. Despite missing EPS estimates last quarter, the stock price increased by 5.07%. The stock has seen a 21.78% increase over the last 52 weeks.
Insteel Indus is expected to report its Q3 2023 earnings. Despite missing EPS estimates last quarter, the stock price increased, indicating that the market may have positive expectations. The stock's 21.78% increase over the last 52 weeks also suggests a bullish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100