Benzinga | Oct 22, 2020 06:09AM EDT

Insteel Industries Q4 EPS $0.38 Beats $0.24 Estimate, Sales $138.23M Beat $114.32M Estimate

Insteel Industries (NASDAQ:IIIN) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.24 by 58.33 percent. This is a 522.22 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $138.23 million which beat the analyst consensus estimate of $114.32 million by 20.92 percent. This is a 21.89 percent increase over sales of $113.40 million the same period last year.