IIIN - Insteel Industries, Inc.
Insteel Industries NYSE: IIIN reported lower fourth-quarter earnings as elevated raw-material, freight and manufacturing costs compressed margins, despite higher sales and shipment volumes supported by infrastructure spending, data-center construction and growth in engineered structural mesh.
Insteel Industries Inc. ( IIIN ) Q4 2026 Earnings Call October 22, 2026 10:00 AM EDT Company Participants H.O. Waltz - President, CEO & Chairman Scot Jafroodi - VP, CFO & Treasurer Conference Call Participants Julio Romero - Sidoti & Company, LLC Tyson Bauer - Kansas City Capital Associates Presentation Operator Hello, everyone.
Insteel Industries (IIIN) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.74 per share a year ago.
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its fourth quarter and fiscal year ended October 3, 2026. Fourth Quarter 2026 Highlights Net earnings of $7.7 million, or $0.40 per share Net sales of $209.3 million Gross profit of $21.0 million, or 10.0% of net sales Net cash balance of.
Investors interested in stocks from the Steel - Speciality sector have probably already heard of Insteel Industries (IIIN) and Carpenter Technology (CRS). But which of these two stocks offers value investors a better bang for their buck right now?
Insteel Industries (IIIN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Insteel Industries maintains a soft ‘buy' rating due to its relative valuation and robust net cash balance sheet. Revenue continues to grow, driven by higher selling prices and data center-related non-residential demand, despite declining profitability. Profitability is pressured by lower spreads, rising costs, and weak residential and broader non-residential construction markets outside data centers.
Investors with an interest in Steel - Speciality stocks have likely encountered both Insteel Industries (IIIN) and NWPX Infrastructure (NWPX). But which of these two stocks presents investors with the better value opportunity right now?
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that it will release its financial results for the fourth quarter of fiscal 2026 on Thursday, October 22, 2026, at 6:30 a.m. ET. The Company will host a conference call at 10:00 a.m. ET that day. The call will be webcast live on the Company's website at https://investor.insteel.com, where it will also be archived for replay. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing.
Investors with an interest in Steel - Speciality stocks have likely encountered both Insteel Industries (IIIN) and NWPX Infrastructure (NWPX). But which of these two stocks is more attractive to value investors?
Bank of New York Mellon Corp acquired a new position in shares of Insteel Industries, Inc. (NYSE: IIIN) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 222,700 shares of the company's stock, valued at approximately $6,726,000. Bank of New York Mellon
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”) announced today that it will close its facility in Upper Sandusky, Ohio, and move manufacturing requirements to the Company's remaining welded wire reinforcement production facilities, which have ample open capacity to accommodate additional volumes. The consolidation of the Company's welded wire manufacturing operations is expected to result in the elimination of up to 65 positions at the Upper.
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on September 25, 2026, to shareholders of record as of September 11, 2026. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforceme.
Insteel Industries upgraded from Hold to Buy, reflecting attractive risk-reward and peer-relative discount. IIIN is poised for FY2026 revenue growth from higher average selling prices and robust non-residential construction demand, particularly data centers. Margins should stabilize as price hikes and volume leverage offset elevated raw material and freight costs, though cost pressures persist.
Insteel Industries Inc. (IIIN) Q3 2026 Earnings Call Transcript
Insteel Industries NYSE: IIIN reported lower fiscal third-quarter earnings as higher selling prices and modestly improved shipments were outweighed by rising raw material, freight and manufacturing costs, executives said on the company's earnings call.
Insteel Industries (IIIN) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.78 per share a year ago.
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its third quarter of fiscal 2026 ended June 27, 2026. Third Quarter 2026 Highlights Net earnings of $9.0 million, or $0.46 per share Net sales of $197.7 million Gross profit of $20.1 million, or 10.2% of net sales Increased share repurcha.
Insteel Industries is upgraded to a soft "Buy" as valuation becomes compelling despite recent profitability declines and macro uncertainty. IIIN's revenue continues to grow, driven by higher selling prices, but margins are pressured by rising costs and shipment declines. The company boasts a debt-free balance sheet with $15.1 million in cash, providing flexibility amid economic headwinds and ongoing investments in growth initiatives.
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