Insteel Indus (NYSE:IIIN) reported its Q2 earnings results on Thursday, April 21, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Insteel Indus beat estimated earnings by 57.94%, reporting an EPS of $1.99 versus an estimate of $1.26.
Revenue was up $74.21 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.27 which was followed by a 0.86% increase in the share price the next day.
Here's a look at Insteel Indus's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.91 | 0.94 | 0.76 | 0.48 |
| EPS Actual | 1.18 | 1.28 | 1 | 0.76 |
| Revenue Estimate | 153.99M | 170.62M | 154.97M | 126.71M |
| Revenue Actual | 178.46M | 171.26M | 160.74M | 139.00M |
To track all earnings releases for Insteel Indus visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
