Insteel Industries Reports Fourth Quarter And Fiscal 2019 Results

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Insteel Industries (IIIN) Misses Q4 EPS by 27c, Revenues Miss

October 17, 2019 6:31 AM EDT

Insteel Industries (NASDAQ: IIIN) reported Q4 EPS of ($0.09), $0.27 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $113.4 million versus the consensus estimate of $126.88 million.

"As we move into fiscal 2020, we expect the continuation of favorable conditions in our construction end-markets," commented H.O. Woltz III, Insteel's president and CEO. "Public construction,... More