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Insteel Industries, Inc. (IIIN) Tops Q3 EPS by 1c

July 21, 2011 8:32 AM EDT
IIIN Hot Sheet
Revenue Growth %: +0.1%

Financial Fact:
Bargain purchase gain: 0

Today's EPS Names:
TARO, BRLI, TLB, More
Insteel Industries, Inc. (NASDAQ: IIIN) reported Q3 EPS of $0.27, ex-items, $0.01 better than the analyst estimate of $0.26. Revenue for the quarter came in at $98.6 million versus the consensus estimate of $105.25 million.

Shipments for the third quarter of fiscal 2011 increased 41.9% from the prior year quarter and average selling prices increased 12.1%.


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