Insteel Industries, Inc., based in Mount Airy, North Carolina, specializes in manufacturing and marketing steel wire reinforcing products for concrete construction, including prestressed concrete strand and welded wire reinforcement. The company, employing 884 full-time staff, sells these products across the United States, Canada, Mexico, and Central and South America for use in various construction projects.
Insteel Industries (IIIN) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Insteel Industries's actual EPS was $0.34, beating the estimate of $0.44 per share, resulting in a 29.00% surprise.
📡️ Industrials
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