Insteel Industries (IIIN) Surpasses Q1 Earnings and Revenue Estimates
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Insteel Industries (IIIN) reported quarterly earnings of $0.10 per share, surpassing the Zacks Consensus Estimate of a loss of $0.03 per share. This is an improvement from $0.06 per share a year ago.
January 16, 2025 | 2:15 pm
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Insteel Industries reported better-than-expected Q1 earnings of $0.10 per share, beating the estimate of a $0.03 loss, and improving from $0.06 per share last year.
The better-than-expected earnings report is likely to positively impact IIIN's stock price in the short term as it indicates stronger financial performance than anticipated.
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