Insteel Industries Inc <IIIN.N> expected to post earnings of 10 cents a share - Earnings Preview
Insteel Industries Inc IIIN.N, IIIN.K is expected to show a fall in quarterly revenue when it reports results on January 16 for the period ending December 31 2024
The Mount Airy North Carolina-based company is expected to report a 3.5% decrease in revenue to $117.452 million from $121.73 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Insteel Industries Inc is for earnings of 10 cents per share.
The one available analyst rating on the shares is "hold".
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Insteel Industries Inc is $34.00, above its last closing price of $24.29.
This summary was machine generated January 14 at 13:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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