Insteel Industries, headquartered in Mount Airy, North Carolina, manufactures steel wire reinforcing products for concrete construction, employing 884 staff. Its key products are prestressed concrete strand and welded wire reinforcement, sold across North America and beyond.
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 $0.24, beating the estimate of $0.32 per share, resulting in a 31.75% surprise.
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