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IIIN News and Press, Insteel Industries Inc. From 01/18/23

Stock Information

Company Name: Insteel Industries Inc.
Stock Symbol: IIIN
Market: NYSE
Website: insteel.com

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IIIN - Insteel Q1 2023 Earnings Preview

Insteel ( NYSE: IIIN ) is scheduled to announce Q1 earnings results on Thursday, January 19th, before market open. The consensus EPS Estimate is $0.87 (-26.3% Y/Y) and the consensus Revenue Estimate is $177.39M (-0.6% Y/Y). Over the last 3 months, EPS estimates have seen 0 u...

IIIN - Insteel Industries Announces First Quarter 2023 Conference Call

Insteel Industries Inc. (NYSE: IIIN) today announced that its first quarter 2023 earnings conference call will be webcast live over the internet on Thursday, January 19, 2023, at 10:00 a.m. ET following the release of the Company’s first quarter financial results at 6:30 a.m. ET on that sa...

IIIN - SPX Technologies Announces Appointment of Mark Carano as Chief Financial Officer

CHARLOTTE, N.C., Dec. 07, 2022 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (“SPX Technologies,” or “SPX”) (NYSE:SPXC) today announced the appointment of Mark A. Carano as Vice President, Chief Financial Officer and Treasurer, effective January 3, 2023. Mr. Carano j...

IIIN - Insteel Industries Announces Organizational Change

Insteel Industries Inc. (NYSE: IIIN) today announced that Mark A. Carano has resigned as Insteel’s Senior Vice President, Chief Financial Officer and Treasurer effective December 30, 2022 to pursue employment with another company. Mr. Carano’s departure did not result from any d...

IIIN - Insteel declares $0.03 quarterly and $2.00 special dividend

Insteel ( NYSE: IIIN ) declares $0.03/share quarterly dividend , in line with previous. Forward yield 0.43% Company also declares a special dividend of $2.00. Payable Dec. 23; for shareholders of record Dec. 9; ex-div Dec. 8. See IIIN Dividend Scorecard, ...

IIIN - Insteel Industries: Additional Patience Is Required

Summary The past couple of months has been very unpleasant for investors in Insteel Industries. Shares have fallen materially more than the market has, even as revenue continues its ascent. The pain seems to be driven by economic uncertainty and a decline in profitability. ...

IIIN - Masco: Still Not The Right Time To Step In

Summary Masco Corporation has gotten quite a bit cheaper over the past couple of months. Although some may view this as a great buying opportunity, the decline in price for the firm looks warranted. The company is getting closer to the point of being a worthy prospect, but it'...

IIIN - Insteel Industries, Inc. (IIIN) Q4 2022 Earnings Call Transcript

Insteel Industries, Inc. (IIIN) Q4 2022 Earnings Conference Call October 20, 2022 10:00 a.m. ET Company Participants H.O. Woltz - Chairman, President, and Chief Executive Officer Mark Carano - Senior Vice President, Chief Financial Officer, and Treasurer Confer...

IIIN - Insteel GAAP EPS of $1.24, revenue of $207.99M

Insteel press release ( NYSE: IIIN ): Q4 GAAP EPS of $1.24. Revenue of $207.99M (+21.4% Y/Y) . “As we look ahead to fiscal 2023, we remain optimistic about demand in our non-residential construction markets, which represent a substantial majority of our sales. B...

IIIN - Insteel Industries Reports Fourth Quarter and Fiscal 2022 Results

Insteel Industries Inc. (NYSE: IIIN) today announced financial results for its fourth quarter and fiscal year ended October 1, 2022. Fourth Quarter 2022 Results Net earnings for the fourth quarter of fiscal 2022 were $24.3 million, or $1.24 per diluted share, compared to...

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