|Bid||25.00 x 1000|
|Ask||29.98 x 1300|
|Day's Range||26.14 - 27.35|
|52 Week Range||10.00 - 28.16|
|Beta (5Y Monthly)||1.54|
|PE Ratio (TTM)||19.84|
|Earnings Date||Jan 21, 2021|
|Forward Dividend & Yield||0.12 (0.44%)|
|Ex-Dividend Date||Nov 30, 2020|
|1y Target Est||23.50|
Insteel Industries, Inc. ( NASDAQ:IIIN ) just released its latest first-quarter results and things are looking bullish...
Ladies and gentlemen, thank you for standing by and welcome to the Insteel Industries' First Quarter 2021 Conference Call. Thank you for your interest in Insteel and welcome to our first quarter 2021 earnings call, which will be conducted by Mark Carano, our Senior Vice President, CFO and Treasurer and me.
Shares of Insteel Industries (NASDAQ:IIIN) remained unaffected after the company reported Q1 results.Quarterly Results Earnings per share increased 1400.00% over the past year to $0.45, which beat the estimate of $0.29.Revenue of $119,605,000 higher by 22.59% from the same period last year, which beat the estimate of $102,780,000.Guidance Earnings guidance hasn't been issued by the company for now.Insteel Indus hasn't issued any revenue guidance for the time being.Conference Call Details Date: Jan 21, 2021View more earnings on IIINTime: 10:00 AMET Webcast URL: https://edge.media-server.com/mmc/p/m79w3k96Price Action 52-week high: $26.61Company's 52-week low was at $10.00Price action over last quarter: Up 20.96%Company Profile Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For January 21, 2021 * Earnings Outlook For Insteel Industries(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.