Insteel Industries Reports Fourth Quarter and Fiscal 2016 Financial Results

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Insteel Industries (IIIN) Misses Q4 EPS by 1c, Sales Miss

October 20, 2016 6:36 AM EDT

Insteel Industries (NASDAQ: IIIN) reported Q4 EPS of $0.60, $0.01 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $103.1 million versus the consensus estimate of $125.11 million.

Outlook

"As we move into fiscal 2017, it is unclear whether the softening... More