Insteel Industries Reports Third Quarter 2019 Results
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Insteel Industries (IIIN) Misses Q3 EPS by 19c, Revenues Miss
July 18, 2019 6:31 AM EDTInsteel Industries (NASDAQ: IIIN) reported Q3 EPS of $0.11, $0.19 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $126.3 million versus the consensus estimate of $128.38 million.
Results for the third quarter of fiscal 2019 were unfavorably impacted by increasing low-priced import competition resulting from the Section 232 tariff on imported steel together with... More
