Insteel Industries Reports Fourth Quarter And Fiscal 2020 Results

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Go back to Insteel Industries Reports Fourth Quarter And Fiscal 2020 Results

Insteel Industries (IIIN) Tops Q4 EPS by 14c, Revenues Beat

October 22, 2020 6:18 AM EDT

Insteel Industries (NASDAQ: IIIN) reported Q4 EPS of $0.38, $0.14 better than the analyst estimate of $0.24. Revenue for the quarter came in at $138.2 million versus the consensus estimate of $114.32 million.

Outlook

"Looking ahead to fiscal 2021, we expect our financial results will remain vulnerable to uncertain market conditions depending on the strength and direction of the U.S. economic recovery,"... More