Insteel Industries Reports First Quarter 2021 Results

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Go back to Insteel Industries Reports First Quarter 2021 Results

Insteel Industries (IIIN) Tops Q1 EPS by 13c, Revenues Beat

January 21, 2021 6:02 AM EST

Insteel Industries (NASDAQ: IIIN) reported Q1 EPS of $0.42, $0.13 better than the analyst estimate of $0.29. Revenue for the quarter came in at $119.6 million versus the consensus estimate of $102.78 million.

"We are encouraged by the resilience of our markets during the first quarter which is seasonally the weakest period of the year," commented H.O. Woltz III, Insteel's President and CEO. "Momentum has remained... More