Insteel Industries Shares Fall After Fiscal Q4 Earnings, Net Sales Miss Consensus-February 2024-www.financetom.com

Insteel Industries Shares Fall After Fiscal Q4 Earnings, Net Sales Miss Consensus

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Insteel Industries Shares Fall After Fiscal Q4 Earnings, Net Sales Miss Consensus

Oct 16, 2025 11:47 AM

02:23 PM EDT, 10/16/2025 (MT Newswires) -- Insteel Industries ( IIIN ) shares dropped more than 16% in recent trading on Thursday after the steel wire manufacturer's fiscal Q4 earnings and net sales fell short of analysts' consensus.

The company reported fiscal Q4 net earnings of $0.74 per diluted share, up from $0.24 a year earlier.

Two analysts polled by FactSet expected $0.79.

Net sales for the quarter ended Sept. 27 was $177.4 million, up from $134.3 million a year earlier.

Two analysts surveyed by FactSet expected $181 million.

Price: 31.26, Change: -6.28, Percent Change: -16.73

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