Insteel Indus Q2 2024 GAAP EPS $0.35 Beats $0.29 Estimate, Sales $127.394M Miss $134.893M Estimate

Insteel Indus (NYSE:IIIN) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.29 by 20.69 percent. The company reported quarterly sales of $127.394 million which missed the analyst consensus estimate of $134.893 million by 5.56 percent. This is a 19.90 percent decrease over sales of $159.051 million the same period last year.