Insteel Industries Reports Fourth Quarter And Fiscal 2018 Financial Results

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Go back to Insteel Industries Reports Fourth Quarter And Fiscal 2018 Financial Results

Insteel Industries (IIIN) Misses Q4 EPS by 7c, Revenues Miss

October 18, 2018 6:33 AM EDT

Insteel Industries (NASDAQ: IIIN) reported Q4 EPS of $0.49, $0.07 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $121.4 million versus the consensus estimate of $130.38 million.

Outlook

"As we head into fiscal 2019, the outlook for our markets remains positive," commented H.O. Woltz III, Insteel\'s president and CEO. "The leading indicators and industry forecasts for nonresidential... More