Insteel Industries Reports Second Quarter 2019 Results

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Insteel Industries (IIIN) Misses Q2 EPS by 13c, Revenues Miss

April 18, 2019 6:34 AM EDT

Insteel Industries (NASDAQ: IIIN) reported Q2 EPS of $0.05, $0.13 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $111.95 million versus the consensus estimate of $116.59 million.

"As we move into the second half of fiscal 2019, we expect increasing shipments driven by continued growth in our... More