Insteel Industries Inc expected to post earnings of 10 cents a share - Earnings Preview

Reuters

Jan 14, 2025

* Insteel Industries Inc 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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