Preview: Insteel Indus's Earnings
Portfolio Pulse from Benzinga Insights
Insteel Industries (NYSE:IIIN) is scheduled to release its quarterly earnings report on January 18, 2024. Analysts predict an EPS of $0.05. Investors are looking for an earnings beat and positive guidance for future growth. Insteel's stock performance has been positive over the last year, with shares up 34.62%. Historical data shows that the company's stock price is sensitive to earnings performance and guidance.
January 17, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Insteel Industries is expected to report an EPS of $0.05 for the upcoming quarter. Historical performance indicates that stock price may react to earnings results and guidance.
The expected EPS is a key indicator of the company's performance. However, the stock's reaction may depend more on the guidance provided for future quarters. Historical data shows mixed reactions to past earnings results, making it challenging to predict the short-term impact accurately.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100