Ultime notizie per Insteel Indus (NYSE:IIIN) Azioni

Insteel Indus

Insteel Industries

Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

Insteel Industries Inc

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is set to give its latest quarterly earnings report on Thursday, 2024-10-17. Here's what investors need to know before the announcement.
Analysts estimate that Insteel Indus will report an earnings per share (EPS) of $0.31. 
The market awaits Insteel Indus's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.09, which was followed by a 2.53% drop in the share price the next day.
Here's a look at Insteel Indus's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.43</td>
<td>0.29</td>
<td>0.05</td>
<td>0.70</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.34</td>
<td>0.35</td>
<td>0.06</td>
<td>0.29</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>2.0%</td>
<td>0.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729090971_0.png" alt="eps graph" />
<h3>Market Performance of Insteel Indus's Stock</h3>
Shares of Insteel Indus were trading at $29.51 as of October 15. Over the last 52-week period, shares are down 0.27%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/IIIN/earnings">To track all earnings releases for Insteel Indus visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

IIIN

Insteel Indus's Earnings: A Preview

News

Guidance

Insteel Industries Sees Selling Prices And Spreads Under Pressure In Q4, Particularly Where It Competes With Imported PC Strand

General

Insteel  shares are trading lower following soft Q3 earnings.

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.43 by 20.93 percent. This is a 37.04 percent decrease over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $145.78 million which missed the analyst consensus estimate of $153.04 million by 4.75 percent. This is a 12.03 percent decrease over sales of $165.71 million the same period last year.

Earnings Misses

Insteel Indus Q3 EPS $0.34 Misses $0.46 Estimate, Sales $145.78M Miss $153.04M Estimate

For Second Half FY24, Insteel Indus Expects Growing Momentum Across The Business Driven By The Seasonal Upturn In Construction Activity, Continued Recovery In Customers Demand, And An Improving Macroeconomic Outlook

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) 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.

Earnings Beats

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

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.05 by 20 percent. This is a 89.47 percent decrease over earnings of $0.57 per share from the same period last year. The company reported quarterly sales of $121.72 million which missed the analyst consensus estimate of $129.68 million by 6.13 percent. This is a 27.07 percent decrease over sales of $166.90 million the same period last year.

Insteel Indus Q1 EPS $0.06 Beats $0.05 Estimate, Sales $121.72M Miss $129.68M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is estimated to report quarterly earnings at $1.37 per share on revenue of $19.45 billion.
&bull; M&amp;T Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) is expected to report quarterly earnings at $3.67 per share on revenue of $2.27 billion.
&bull; Commerce Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBSH#NASDAQ">CBSH</a>) is expected to report quarterly earnings at $0.85 per share on revenue of $386.34 million.
&bull; WNS (Hldgs) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) is expected to report quarterly earnings at $0.99 per share on revenue of $313.54 million.
&bull; Birkenstock Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $303.31 million.
&bull; Northern Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) is estimated to report quarterly earnings at $1.21 per share on revenue of $1.70 billion.
&bull; KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $1.53 billion.
&bull; Texas Capital Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) is likely to report quarterly earnings at $0.75 per share on revenue of $252.75 million.
&bull; First Horizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $787.96 million.
&bull; Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $139.50 million.
&bull; Home BancShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOMB#NYSE">HOMB</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $243.07 million.
&bull; Truist Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) is estimated to report quarterly earnings at $0.89 per share on revenue of $5.69 billion.
&bull; Fastenal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) is projected to report quarterly earnings at $0.45 per share on revenue of $1.75 billion.
&bull; Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $129.68 million.
<h3>Companies Reporting After The Bell</h3>
&bull; F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $403.83 million.
&bull; OceanFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCFC#NASDAQ">OCFC</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $90.36 million.
&bull; Metropolitan Bank Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCB#NYSE">MCB</a>) is estimated to report quarterly earnings at $1.48 per share on revenue of $61.68 million.
&bull; Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDB#NASDAQ">INDB</a>) is likely to report quarterly earnings at $1.24 per share on revenue of $177.34 million.
&bull; JB Hunt Transport Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) is estimated to report quarterly earnings at $1.75 per share on revenue of $3.27 billion.
&bull; PPG Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) is estimated to report quarterly earnings at $1.50 per share on revenue of $4.27 billion.
&bull; Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) is projected to report quarterly earnings at $1.48 per share on revenue of $396.40 million.
&bull; Five Point Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPH#NYSE">FPH</a>) is estimated to report earnings for its fourth quarter.
&bull; 1st Source (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRCE#NASDAQ">SRCE</a>) is likely to report quarterly earnings at $1.15 per share on revenue of $91.30 million.
&bull; Banner (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANR#NASDAQ">BANR</a>) is estimated to report quarterly earnings at $1.30 per share on revenue of $140.45 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

BANR

BIRK

CBSH

FAST

HOMB

INDB

JBHT

NTRS

OCFC

SIFY

SRCE

TCBI

Earnings Scheduled For January 18, 2024

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is set to give its latest quarterly earnings report on Thursday, 2024-01-18. Here's what investors need to know before the announcement.
Analysts estimate that Insteel Indus will report an earnings per share (EPS) of $0.05. 
Insteel Indus bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.41, which was followed by a 0.41% drop in the share price the next day.
Here's a look at Insteel Indus's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.70</td>
<td>0.66</td>
<td>0.46</td>
<td>0.85</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.29</td>
<td>0.54</td>
<td>0.26</td>
<td>0.57</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.41%</td>
<td>5.07%</td>
<td>-2.79%</td>
<td>3.61%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1705500038_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Insteel Indus were trading at $36.2 as of January 15. Over the last 52-week period, shares are up 34.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/IIIN/earnings">To track all earnings releases for Insteel Indus visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Insteel Indus's Earnings

As of Dec. 6, 2023, five stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Builders FirstSource, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bldr#NYSE">BLDR</a>)</h3>
<ul>
<li>On Nov. 1, the company posted a sales decline of 21.3% Y/Y to $4.53 billion, missing the consensus of $4.84 billion. The company&rsquo;s stock jumped around 14% over the past month and has a <a href="https://www.benzinga.com/quote/BLDR">52-week high of $156.85 </a>.</li>
<li>RSI Value: 72.23</li>
<li>BLDR Price Action: Shares of Builders FirstSource gained 4.7% to close at $143.26 on Tuesday.</li>
<li>
<h3>Hyster-Yale Materials Handling, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hy#NYSE">HY</a>)</h3>
</li>
<li>On Oct. 31, Hyster-Yale Materials Handling posted better-than-expected quarterly sales. The company&rsquo;s stock gained around 15% over the past month and <a href="https://www.benzinga.com/quote/HY"> has a 52-week high </a> of $59.64.</li>
<li>RSI Value: 75.62</li>
<li>HY Price Action: Shares of Hyster-Yale Materials gained 2% to close at $50.07 on Tuesday.</li>
</ul>
PACCAR Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pcar#NASDAQ">PCAR</a>)
On Oct. 24, PACCAR reported third-quarter sales of $8.23billion, beating the consensus of $8.01 billion. Preston Feight, CEO said, &quot;PACCAR&#39;s third quarter results reflect excellent Truck, Parts and Other gross margins of 19.5% and strong PACCAR Parts profits. PACCAR&#39;s investments in innovative new DAF, Kenworth and Peterbilt trucks and enhanced manufacturing efficiency are benefiting truck owners&#39; operating performance and delivering strong financial results.&quot; The company&rsquo;s stock jumped around 9% over the past month and has a <a href="https://www.benzinga.com/quote/PCAR"> 52-week high </a> of $94.69.
RSI Value: 73.74
PCAR Price Action: Shares of PACCAR gained 0.2% to close at $93.87 on Tuesday.
<h3>Insteel Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iiin#NYSE">IIIN</a>)</h3>
<ul>
<li>On Oct. 19, Insteel Industries posted weak quarterly results. &quot;In the wake of record financial results in the previous year, fiscal year 2023 presented a highly challenging business environment that required rebalancing our supply chain, a significant downward reset of steel prices and ongoing weakness in the residential construction market. In the face of these substantial headwinds, we are encouraged by the improving underlying demand for our products during the fourth quarter despite the current competitive landscape,&quot; commented H.O. Woltz III, Insteel&rsquo;s President and CEO. The company&rsquo;s stock gained around 7% over the past five days and has a 52-week high is $36.80.</li>
<li>RSI Value: 71.94</li>
<li>IIIN Price Action: Shares of Insteel Industries fell 0.7% to close at $36.03 on Tuesday.</li>
</ul>
<h3>Wabash National Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wnc#NYSE">WNC</a>)</h3>
<ul>
<li>On Oct. 25, Wabash National posted better-than-expected third-quarter earnings. &quot;At Wabash, we believe in the power of strong connections,&quot; said Brent Yeagy, president and chief executive officer. &quot;We&#39;ve successfully created value by redefining our relationships with customers and suppliers, and now, we&#39;re ready to take it to the next level.&quot; The company&rsquo;s stock jumped 9% over the past five days and <a href="https://www.benzinga.com/quote/WNC"> has a 52-week high </a> of $30.10.</li>
<li>RSI Value: 73.12</li>
<li>WNC Price Action: Shares of Wabash National gained 1.9% to close at $23.72 on Tuesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/23/12/36106715/campbell-soup-sentinelone-and-3-stocks-to-watch-heading-into-wednesday"> Campbell Soup, SentinelOne And 3 Stocks To Watch Heading Into Wednesday</a>

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<h3>Gainers</h3>
<ul>
<li>Nxu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXU#NASDAQ">NXU</a>) stock increased by 28.6% to $0.09 during Thursday's pre-market session. The market value of their outstanding shares is at $8.2 million. </li>
<li>NeoVolta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEOV#NASDAQ">NEOV</a>) stock moved upwards by 13.48% to $2.44. The market value of their outstanding shares is at $80.8 million. </li>
<li>ESGL Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESGL#NASDAQ">ESGL</a>) stock moved upwards by 13.4% to $0.68. The market value of their outstanding shares is at $8.6 million. </li>
<li>iSun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISUN#NASDAQ">ISUN</a>) shares increased by 7.98% to $0.28. The company's market cap stands at $9.2 million. </li>
<li>Advent Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADN#NASDAQ">ADN</a>) stock increased by 6.57% to $0.44. The market value of their outstanding shares is at $26.4 million. </li>
<li>Astra Space (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTR#NASDAQ">ASTR</a>) shares rose 5.5% to $0.79. The market value of their outstanding shares is at $14.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Rentokil Initial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTO#NYSE">RTO</a>) shares decreased by 19.7% to $28.69 during Thursday's pre-market session. The market value of their outstanding shares is at $14.4 billion. </li>
<li>Nuvve Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>) shares fell 18.51% to $0.16. The company's market cap stands at $5.2 million. </li>
<li>Grindrod Shipping Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRIN#NASDAQ">GRIN</a>) shares decreased by 12.98% to $12.21. The market value of their outstanding shares is at $237.7 million. </li>
<li>Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) stock decreased by 6.78% to $163.3. The market value of their outstanding shares is at $20.0 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) shares declined by 5.86% to $29.75. The company's market cap stands at $578.1 million. The company's, Q4 earnings came out today. </li>
<li>Rollins (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>) shares fell 5.38% to $33.99. The market value of their outstanding shares is at $16.4 billion. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

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&quot;In the wake of record financial results in the previous year, fiscal year 2023 presented a highly challenging business environment that required rebalancing our supply chain, a significant downward reset of steel prices and ongoing weakness in the residential construction market. In the face of these substantial headwinds, we are encouraged by the improving underlying demand for our products during the&nbsp;fourth quarter&nbsp;despite the current competitive landscape,&quot; commented H.O. Woltz III, Insteel&#39;s President and CEO. &quot;Looking ahead to fiscal 2024, we are aware of the risks associated with higher interest rates and the implications for the broader U.S. economy and, ultimately, our end markets. Moreover, leading indicators and industry forecasts for nonresidential building construction are signaling a slowdown in activity from the elevated levels of recent years. Nevertheless, we remain cautiously optimistic as customer sentiment is mostly positive, and spending associated with the Infrastructure Investment and Jobs Act is expected to accelerate as we progress through fiscal 2024 and help drive demand.&quot;

Insteel Indus Remains Cautiously Optimistic For FY24 As Customer Sentiment Is Mostly Positive, And Spending Associated With The Infrastructure Investment And Jobs Act Is Expected To Accelerate And Help Drive Demand

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.66 by 56.06 percent. This is a 76.61 percent decrease over earnings of $1.24 per share from the same period last year. The company reported quarterly sales of $157.52 million which missed the analyst consensus estimate of $173.54 million by 9.23 percent. This is a 24.26 percent decrease over sales of $207.99 million the same period last year.

Insteel Indus Q4 EPS $0.29 Misses $0.66 Estimate, Sales $157.52M Miss $173.54M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $6.20 billion.
&bull; Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) is expected to report earnings for its third quarter.
&bull; Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $17.07 billion.
&bull; Home BancShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOMB#NYSE">HOMB</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $249.35 million.
&bull; Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $5.41 billion.
&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is likely to report quarterly earnings at $2.02 per share on revenue of $570.29 million.
&bull; Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) is expected to report quarterly earnings at $2.44 per share on revenue of $5.99 billion.
&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is projected to report quarterly earnings at $1.49 per share on revenue of $614.53 million.
&bull; Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) is expected to report quarterly earnings at $4.27 per share on revenue of $2.05 billion.
&bull; ManpowerGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>) is projected to report quarterly earnings at $1.35 per share on revenue of $4.70 billion.
&bull; Pool (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) is estimated to report quarterly earnings at $3.47 per share on revenue of $1.46 billion.
&bull; Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) is estimated to report quarterly earnings at $1.01 per share on revenue of $2.51 billion.
&bull; Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) is estimated to report quarterly earnings at $1.61 per share on revenue of $9.17 billion.
&bull; BankUnited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKU#NYSE">BKU</a>) is likely to report quarterly earnings at $0.72 per share on revenue of $239.16 million.
&bull; AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) is likely to report quarterly earnings at $0.59 per share on revenue of $28.69 billion.
&bull; Snap-on (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) is expected to report quarterly earnings at $1.39 per share on revenue of $1.14 billion.
&bull; Texas Capital Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) is estimated to report quarterly earnings at $1.03 per share on revenue of $270.29 million.
&bull; Dime Community Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $77.62 million.
&bull; Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) is likely to report quarterly earnings at $1.86 per share on revenue of $2.87 billion.
&bull; Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) is projected to report quarterly earnings at $0.81 per share on revenue of $179.12 million.
&bull; Heritage Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HFWA#NASDAQ">HFWA</a>) is likely to report quarterly earnings at $0.43 per share on revenue of $62.48 million.
&bull; S&amp;T Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBA#NASDAQ">STBA</a>) is expected to report quarterly earnings at $0.90 per share on revenue of $101.50 million.
&bull; Iridium Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $200.09 million.
&bull; American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $13.51 billion.
&bull; Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) is projected to report quarterly earnings at $1.39 per share on revenue of $5.22 billion.
&bull; Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is likely to report quarterly earnings at $2.40 per share on revenue of $5.92 billion.
&bull; Lindsay (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNN#NYSE">LNN</a>) is projected to report quarterly earnings at $1.11 per share on revenue of $157.80 million.
&bull; Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>) is projected to report quarterly earnings at $0.82 per share on revenue of $2.15 billion.
&bull; KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $1.56 billion.
&bull; WNS (Hldgs) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) is estimated to report quarterly earnings at $1.03 per share on revenue of $325.56 million.
&bull; Truist Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) is estimated to report quarterly earnings at $0.82 per share on revenue of $5.70 billion.
&bull; Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is likely to report quarterly earnings at $0.66 per share on revenue of $173.54 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Hilltop Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTH#NYSE">HTH</a>) is expected to report quarterly earnings at $0.47 per share on revenue of $116.68 million.
&bull; OceanFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCFC#NASDAQ">OCFC</a>) is expected to report quarterly earnings at $0.35 per share on revenue of $91.30 million.
&bull; Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) is likely to report quarterly earnings at $0.36 per share on revenue of $1.89 billion.
&bull; Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) is projected to report quarterly earnings at $1.42 per share on revenue of $387.76 million.
&bull; CSX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) is expected to report quarterly earnings at $0.42 per share on revenue of $3.55 billion.
&bull; Amerant Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTB#NYSE">AMTB</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $97.38 million.
&bull; Five Point Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPH#NYSE">FPH</a>) is expected to report earnings for its third quarter.
&bull; Glacier Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>) is expected to report quarterly earnings at $0.42 per share on revenue of $168.92 million.
&bull; Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDB#NASDAQ">INDB</a>) is likely to report quarterly earnings at $1.33 per share on revenue of $180.79 million.
&bull; First Western Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYFW#NASDAQ">MYFW</a>) is estimated to report quarterly earnings at $0.45 per share on revenue of $25.39 million.
&bull; Associated Banc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASB#NYSE">ASB</a>) is projected to report quarterly earnings at $0.53 per share on revenue of $326.35 million.
&bull; Alpine Income Prop Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINE#NYSE">PINE</a>) is likely to report earnings for its third quarter.
&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is expected to report quarterly earnings at $0.37 per share on revenue of $106.90 million.
&bull; Western Alliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) is projected to report quarterly earnings at $1.90 per share on revenue of $676.46 million.
&bull; Metropolitan Bank Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCB#NYSE">MCB</a>) is projected to report quarterly earnings at $1.63 per share on revenue of $61.09 million.
&bull; Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is estimated to report quarterly earnings at $1.41 per share on revenue of $1.77 billion.
&bull; 1st Source (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRCE#NASDAQ">SRCE</a>) is projected to report quarterly earnings at $1.10 per share on revenue of $89.73 million.
&bull; Banco Latinoamericano (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLX#NYSE">BLX</a>) is expected to report quarterly earnings at $1.23 per share on revenue of $61.26 million.
&bull; WD-40 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDFC#NASDAQ">WDFC</a>) is likely to report quarterly earnings at $1.21 per share on revenue of $138.21 million.
&bull; Corporacion Inmobiliaria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTMX#NYSE">VTMX</a>) is expected to report earnings for its third quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For October 19, 2023

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is set to give its latest quarterly earnings report on Thursday, 2023-10-19. Here's what investors need to know before the announcement.
Analysts estimate that Insteel Indus will report an earnings per share (EPS) of $0.66. 
Insteel Indus bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.12, which was followed by a 5.07% increase in the share price the next day.
Here's a look at Insteel Indus's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.66</td>
<td>0.46</td>
<td>0.85</td>
<td>1.81</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.54</td>
<td>0.26</td>
<td>0.57</td>
<td>1.24</td>
</tr>
<tr>
<td>Price Change %</td>
<td>5.07%</td>
<td>-2.79%</td>
<td>3.61%</td>
<td>-3.87%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1697648484_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Insteel Indus were trading at $33.34 as of October 17. Over the last 52-week period, shares are up 21.78%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/IIIN/earnings">To track all earnings releases for Insteel Indus visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Insteel Indus

<h3>Companies Reporting Before The Bell</h3>
&bull; Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is estimated to report quarterly earnings at $1.08 per share on revenue of $15.49 billion.
&bull; Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $6.38 billion.
&bull; D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is projected to report quarterly earnings at $2.80 per share on revenue of $8.39 billion.
&bull; Texas Capital Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) is expected to report quarterly earnings at $0.95 per share on revenue of $270.15 million.
&bull; Home BancShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOMB#NYSE">HOMB</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $254.39 million.
&bull; Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is projected to report quarterly earnings at $0.34 per share on revenue of $5.54 billion.
&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is projected to report quarterly earnings at $2.14 per share on revenue of $599.45 million.
&bull; Heritage Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HFWA#NASDAQ">HFWA</a>) is estimated to report quarterly earnings at $0.48 per share on revenue of $65.20 million.
&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is expected to report quarterly earnings at $1.47 per share on revenue of $617.97 million.
&bull; S&amp;T Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBA#NASDAQ">STBA</a>) is likely to report quarterly earnings at $0.89 per share on revenue of $101.47 million.
&bull; Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $2.41 billion.
&bull; Pool (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>) is estimated to report quarterly earnings at $6.24 per share on revenue of $1.91 billion.
&bull; Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) is likely to report quarterly earnings at $2.12 per share on revenue of $5.76 billion.
&bull; Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) is estimated to report quarterly earnings at $2.08 per share on revenue of $10.02 billion.
&bull; Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $2.34 per share on revenue of $5.96 billion.
&bull; MarketAxess Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTX#NASDAQ">MKTX</a>) is estimated to report quarterly earnings at $1.57 per share on revenue of $179.47 million.
&bull; Newmont (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $3.88 billion.
&bull; Kenvue (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVUE#NYSE">KVUE</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $3.96 billion.
&bull; Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) is expected to report quarterly earnings at $1.05 per share on revenue of $9.70 billion.
&bull; Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $129.70 million.
&bull; American Airlines Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) is projected to report quarterly earnings at $1.58 per share on revenue of $13.74 billion.
&bull; Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) is estimated to report quarterly earnings at $1.47 per share on revenue of $8.65 billion.
&bull; Snap-on (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) is likely to report quarterly earnings at $4.56 per share on revenue of $1.19 billion.
&bull; KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is expected to report quarterly earnings at $0.31 per share on revenue of $1.63 billion.
&bull; Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>) is projected to report quarterly earnings at $0.83 per share on revenue of $2.19 billion.
&bull; Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) is projected to report quarterly earnings at $2.62 per share on revenue of $24.66 billion.
&bull; Truist Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) is likely to report quarterly earnings at $1.01 per share on revenue of $5.99 billion.
&bull; Berkshire Hills Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHLB#NYSE">BHLB</a>) is likely to report quarterly earnings at $0.57 per share on revenue of $97.21 million.
&bull; Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) is estimated to report quarterly earnings at $0.65 per share on revenue of $156.85 million.
&bull; ManpowerGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>) is likely to report quarterly earnings at $1.62 per share on revenue of $4.85 billion.
&bull; OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is expected to report quarterly earnings at $0.88 per share on revenue of $135.79 million.
&bull; WNS (Hldgs) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WNS#NYSE">WNS</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $304.57 million.
&bull; Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is estimated to report quarterly earnings at $0.66 per share on revenue of $186.32 million.
&bull; Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is expected to report quarterly earnings at $0.55 per share on revenue of $287.50 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Hilltop Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTH#NYSE">HTH</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $117.99 million.
&bull; Glacier Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $184.26 million.
&bull; OceanFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCFC#NASDAQ">OCFC</a>) is estimated to report quarterly earnings at $0.47 per share on revenue of $91.85 million.
&bull; Associated Banc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASB#NYSE">ASB</a>) is projected to report quarterly earnings at $0.59 per share on revenue of $332.80 million.
&bull; First Financial Bancor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFBC#NASDAQ">FFBC</a>) is estimated to report quarterly earnings at $0.69 per share on revenue of $212.94 million.
&bull; Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDB#NASDAQ">INDB</a>) is projected to report quarterly earnings at $1.36 per share on revenue of $182.85 million.
&bull; WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is likely to report quarterly earnings at $1.10 per share on revenue of $3.00 billion.
&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $106.16 million.
&bull; Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) is expected to report quarterly earnings at $3.22 per share on revenue of $9.12 billion.
&bull; Amerant Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMTB#NASDAQ">AMTB</a>) is projected to report quarterly earnings at $0.20 per share on revenue of $97.11 million.
&bull; Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) is estimated to report quarterly earnings at $0.60 per share on revenue of $1.60 billion.
&bull; Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) is likely to report quarterly earnings at $1.42 per share on revenue of $374.41 million.
&bull; Five Point Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPH#NYSE">FPH</a>) is expected to report earnings for its second quarter.
&bull; PPG Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) is likely to report quarterly earnings at $2.13 per share on revenue of $4.84 billion.
&bull; CSX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) is likely to report quarterly earnings at $0.49 per share on revenue of $3.73 billion.
&bull; Servisfirst Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SFBS#NYSE">SFBS</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $105.94 million.
&bull; Corporacion Inmobiliaria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTMX#NYSE">VTMX</a>) is projected to report earnings for its second quarter.
&bull; Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) is likely to report quarterly earnings at $1.70 per share on revenue of $541.76 million.
&bull; Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is likely to report quarterly earnings at $1.32 per share on revenue of $1.74 billion.
&bull; CapStar Finl Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTR#NASDAQ">CSTR</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $29.41 million.
&bull; 1st Source (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRCE#NASDAQ">SRCE</a>) is estimated to report quarterly earnings at $1.10 per share on revenue of $91.55 million.
&bull; Metropolitan Bank Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCB#NYSE">MCB</a>) is projected to report quarterly earnings at $1.74 per share on revenue of $62.28 million.
&bull; Banco Latinoamericano (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLX#NYSE">BLX</a>) is projected to report quarterly earnings at $0.86 per share on revenue of $53.70 million.
&bull; Alpine Income Prop Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINE#NYSE">PINE</a>) is projected to report earnings for its second quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For July 20, 2023

Insteel is progressing towards completing several ongoing capital projects focused on broadening its product offering, expanding capacity, and reducing operating costs. The company expects the first two projects to be fully commissioned in the fourth fiscal quarter, followed by the remaining project in the&nbsp;first quarter&nbsp;of fiscal 2024.

Insteel Industries Expects Modest Recovery In Q4 On Nonresidential Construction Activity And Recovery In Residential Markets

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) reported quarterly earnings of $0.54 per share which missed the analyst consensus estimate of $0.66 by 18.18 percent. This is a 72.45 percent decrease over earnings of $1.96 per share from the same period last year. The company reported quarterly sales of $165.71 million which missed the analyst consensus estimate of $186.32 million by 11.06 percent. This is a 27.05 percent decrease over sales of $227.17 million the same period last year.

Insteel Indus Q3 EPS $0.54 Misses $0.66 Estimate, Sales $165.71M Miss $186.32M Estimate

Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) is set to give its latest quarterly earnings report on Thursday, 2023-07-20. Here's what investors need to know before the announcement.
Analysts estimate that Insteel Indus will report an earnings per share (EPS) of $0.66. 
Insteel Indus bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.20, which was followed by a 2.79% drop in the share price the next day.
Here's a look at Insteel Indus's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.46</td>
<td>0.85</td>
<td>1.81</td>
<td>2.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.26</td>
<td>0.57</td>
<td>1.24</td>
<td>1.96</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.79%</td>
<td>3.61%</td>
<td>-3.9%</td>
<td>-7.3%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1689789711_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Insteel Indus were trading at $31.6 as of July 18. Over the last 52-week period, shares are down 8.82%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/IIIN/earnings">To track all earnings releases for Insteel Indus visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

<h3>What is a Value Stock?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching:</h2>
<ol>
<li>Insteel Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) - P/E: 7.77</li>
<li>Eastman Kodak (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KODK#NYSE">KODK</a>) - P/E: 8.83</li>
<li>Leonardo DRS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRS#NASDAQ">DRS</a>) - P/E: 9.9</li>
<li>KNOT Offshore Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNOP#NYSE">KNOP</a>) - P/E: 7.77</li>
<li>Danaos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAC#NYSE">DAC</a>) - P/E: 3.7</li>
</ol>
Insteel Indus's earnings per share for Q2 sits at $0.26, whereas in Q1, they were at 0.57. Most recently, the company reported a dividend yield of 0.4%, which has ('', 'not changed') by 0.0% from last quarter's yield of 0.4%.
Eastman Kodak has reported Q1 earnings per share at $0.3, which has increased by 500.0% compared to Q4, which was 0.05. This quarter, Leonardo DRS experienced a decrease in earnings per share, which was $0.35 in Q4 and is now $0.07. This quarter, KNOT Offshore Partners experienced a decrease in earnings per share, which was $0.18 in Q4 and is now $-0.04. Its most recent dividend yield is at 2.05%, which has increased by 1.05% from 1.0% in the previous quarter.
Most recently, Danaos reported earnings per share at $7.14, whereas in Q4 earnings per share sat at $6.99. Most recently, the company reported a dividend yield of 5.3%, which has increased by 0.27% from last quarter's yield of 5.03%.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

KNOP

KODK

Overview Of Value Stocks In The Industrials Sector

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The U.S. presidential election is heating up. We&rsquo;re less than 100 days away from the big vote now. The decision by Democrats to swap President Joe Biden for Vice President Kamala Harris has shaken up the race and seemingly given the party momentum, at least judging from current polling. Markets have gotten rocky over the past month, likely in part due to the heightened uncertainty around the election. These are seven stocks to sell now that are at particularly high risk heading into election day.



<h2>Tesla (TSLA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/tsla1600-12-300x169.png" alt="Tesla (TSLA) sign on the building on car sales"><div>Source: Vitaliy Karimov / Shutterstock.com</div></div>Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) finds itself between a rock and a hard place. CEO Elon Musk has publicly aligned himself with the Trump campaign for 2024, and Musk frequently tweets political commentary which seemingly line up with a conservative point of view.



And yet, a potential second Trump Administration seems unlikely to return the favor. Trump has already threatened to end the so-called <a href="https://www.bloomberg.com/news/articles/2024-07-19/trump-vows-action-to-end-electric-vehicle-mandate-on-day-one">electric vehicle mandate</a>. And Trump&rsquo;s VP choice, Senator JD Vance, is also staunchly against EVs while calling for <a href="https://interestingengineering.com/culture/trump-jd-vance-gas-cars-over-evs">subsidies to gas-powered vehicles</a>.



Would a Harris term be much better for Tesla? Musk has already gone all-in politically with Trump and so it&rsquo;s easy to imagine a scenario where Tesla faces political and consumer backlash regardless of which party wins this fall. Since the future of TSLA is so uncertain now seems like a good time to add it to your list of stocks to sell.



<h2>Palantir (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/pltr1600-5-300x169.png" alt="In this photo illustration, the Palantir Technologies (PLTR) logo is displayed on a smartphone screen."><div>Source: rafapress / Shutterstock.com</div></div>Palantir (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) is a leading data analytics and consulting company. The secretive firm has long prized its connections to leading government intelligence and defense agencies.



That&rsquo;s where the political risk comes in. Palantir is reliant on those government contracts for a large chunk of its overall business, and any change at the White House could disrupt the company&rsquo;s current trajectory. Palantir founder Peter Thiel is also a highly controversial figure, politically speaking. This could <a href="https://www.opendemocracy.net/en/palantir-nhs-federated-data-platform-peter-thiel-data-privacy/">draw backlash</a> for PLTR both in the U.S. and with foreign governments.



PLTR stock recently popped on an <a href="https://finance.yahoo.com/news/palantir-raises-annual-revenue-forecast-200650771.html">upbeat earnings report</a> tied to its generative AI business. Traders should strongly consider locking in profits before that enthusiasm fades.



<h2>The GEO Group (GEO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/geo-1600-300x169.png" alt="Operated by the for-profit prison company The GEO Group. GEO stock."><div>Source: JosephRouse / Shutterstock</div></div>The GEO Group (NYSE:<a href="https://investorplace.com/stock-quotes/geo-stock-quote/">GEO</a>) is an operator of private prisons. In theory, this could be a highly profitable business. Government contracting to take care of tenants who literally can&rsquo;t leave a property, after all, makes for an intriguing economic opportunity.



On the other hand, there are many opponents of private prisons. Some politicians oppose the concept on principle. And others worry that attaching a profit motive to incarceration will lead to over policing of populations and <a href="https://www.nber.org/system/files/working_papers/w25715/revisions/w25715.rev0.pdf">longer jail sentences</a> for relatively minor crimes.



GEO stock ran up earlier this year as Trump&rsquo;s position in the polls was advancing. With the rebound on the Democratic side of the equation, however, GEO has started to slump. Harris formerly endorsed the concept of &ldquo;<a href="https://edition.cnn.com/2024/07/26/politics/video/kfile-defund-police-harris-campaign-election-kaczynski-lead-digvid">defunding the police</a>&rdquo; and GEO could find its finances seriously challenged in a potential Harris administration. With the presidential race up in the air GEO seems to risky to hold onto at the moment which is why I see it as one of the stocks to sell.



<h2>Sunrun (RUN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/04/run1600-300x169.png" alt="Person holding cellphone with logo of U.S. solar energy company Sunrun Inc. (RUN) on screen in front of business webpage. Focus on phone display."><div>Source: T. Schneider / Shutterstock.com</div></div>Sunrun (NASDAQ:<a href="https://investorplace.com/stock-quotes/run-stock-quote/">RUN</a>) is a solar technology company. It offers a broad product line-up, delivering both solar power generation and storage solutions through direct-to-consumer channels and third-party affiliates.



Years ago, RUN stock used to trade at a lofty valuation. It seemed like an obvious winner amid the government&rsquo;s subsidy program for domestic solar power. As the total market grew, analysts expected Sunrun to enjoy a healthy piece of a larger pie.



However, subsidies are starting to run out, and the government has&nbsp;<a href="https://seekingalpha.com/news/4044820-sunnova-energy-sinks-as-congress-seeks-history-of-predatory-sales-practices">launched inquiries</a>&nbsp;into the solar rooftop installers specifically. Now, Sunrun&rsquo;s investors must face a grim reality. The company has huge operating losses and a shaky balance sheet. Sunrun lost almost $2 billion from operations over the past 12 months.



A potential Trump administration could be the final blow for the already struggling U.S. rooftop solar industry. Investors should consider RUN one of the stocks to sell before it&rsquo;s too late.



<h2>Insteel Industries (IIIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/steel1600c-300x169.jpg" alt="Steel stocks: rods, bars and other forms of steel"><div>Source: Shutterstock</div></div>Insteel Industries (NYSE:<a href="https://investorplace.com/stock-quotes/iiin-stock-quote/">IIIN</a>) produces and sells steel wire reinforcing products for concrete construction applications. Think of applications such as bridges, parking garages and commercial buildings.



Insteel was a winner from the Biden Administration&rsquo;s infrastructure spending. That huge infrastructure investment funded countless highway, bridges, renewable energy and other such projects which use a great deal of reinforced concrete.



There&rsquo;s no guarantee the government&rsquo;s enhanced funding for infrastructure will continue once Biden leaves office. In addition, the economic slowdown should limit commercial demand for reinforced steel. With IIIN stock trading at an estimated <a href="https://seekingalpha.com/symbol/IIIN/earnings/estimates">29 times</a> this year&rsquo;s earnings, there is little margin for error.



<h2>Coinbase (COIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/02/coin-eth1600-300x169.png" alt="Coinbase (COIN), is an American company that operates a cryptocurrency exchange platform. Ethereum (ETH-USD) coin on the background of the Coinbase inscription."><div>Source: Sergei Elagin / Shutterstock.com</div></div>Coinbase (NASDAQ:<a href="https://investorplace.com/stock-quotes/coin-stock-quote/">COIN</a>) is a leading cryptocurrency brokerage. Shares have blasted off over the past year thanks to renewed enthusiasm in the cryptocurrency market.



I&rsquo;m a long-term skeptic on Coinbase due to its relatively high transaction fees. Over time, I expect profit margins to be competed down as traditional brokerages expand trading services. And, with the emergence of low-cost <a href="https://investorplace.com/2024/03/bitcoin-etfs-101-everything-newbie-crypto-investors-need-to-know/">cryptocurrency exchange-traded-funds </a>(ETFs) which reduce the need for trading crypto assets directly.



There&rsquo;s also political risk here. Cryptocurrency remains a financial frontier with a relatively uncertain regulatory environment. Trump has seemingly signaled more openness toward crypto this election cycle. However, Harris is viewed as having a &ldquo;<a href="https://www.foxbusiness.com/politics/ro-khanna-hosts-key-meeting-help-harris-repair-crypto-relations">fraught</a>&rdquo; relationship with the crypto industry and backed out of a recent planned meeting with crypto industry members.



The Biden Administration has established a reputation for cracking down on digital assets. COIN stock had already baked in a Trump win this November and could be in for a surprise if the political winds shift. Depending on which way polling trends COIN could easily become one of the stocks to sell.



<h2>Warrior Met Coal (HCC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/11/coal1600c-300x169.jpg" alt="An image of heaps of coal"><div>Source: Shutterstock</div></div>Warrior Met Coal (NYSE:<a href="https://investorplace.com/stock-quotes/hcc-stock-quote/">HCC</a>) is an Alabama-based company which produces and exports non-thermal steelmaking metallurgical coal for the steel production by metal manufacturers in Europe, South America and Asia.&nbsp;



The political case here is apparent. HCC stock has surged over the past year pricing in the odds of a Trump presidency. Indeed, HCC stock is up close to 50% over the past 12 months.



Now that Trump&rsquo;s surge in the polls has started to fade, HCC stock could be in for a rough surprise. Additionally, the rapid slowdown in the global economy could significantly reduce demand for steel, thus hitting Warrior Met&rsquo;s revenues and profit margins.



On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/08/get-your-money-out-of-these-7-politically-risky-stocks-before-november/">Get Your Money Out of These 7 Politically Risky Stocks Before November!</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Get Your Money Out of These 7 Politically Risky Stocks Before November!

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Insteel Q4 2024 Earnings Preview

Here's the major earnings before the open tomorrow

AAON

ABBNY

ADBE

AMWD

APOG

APTV

ARCH

AXTA

BIIB

CARR

CHRD

CIVI

COIN

DVAX

HBAN

INFY

JELD

NBIX

NRDBY

NVEE

PLAB

PLTR

PRGO

PRVA

PTEN

REVG

RGEN

ROAD

ROCK

SMPL

SPTM

TALO

TGLS

TILE

TSLA

USPH

XLRE

XPEL

Press Releases

Insteel Industries Announces First Quarter 2024 Conference Call

Insteel Industries Reports First Quarter 2024 Results

Insteel Industries Declares Quarterly Cash Dividend

Insteel Industries Announces Second Quarter 2024 Conference Call

Insteel Industries Reports Second Quarter 2024 Results

Insteel Industries Announces Third Quarter 2024 Conference Call

Insteel Industries Reports Third Quarter 2024 Results

Insteel Industries Announces Fourth Quarter 2024 Conference Call

American Woodmark Corporation - Common Stock

American Woodmark

Apogee Enterprises

Alpha Pro Tech

Captivision

CEA Industries

Caesarstone

Griffon

Hayward Holdings

Intelligent Living Application Group Inc. - Ordinary Shares

Intelligent Living

Janus International Group, Inc. Common Stock

Janus Intl Gr

JELD-WEN Holding

MasterBrand

Northann

Quanex Building Products Corporation Common Stock

Quanex Building Prods

Resideo Technologies

Gibraltar Industries, Inc. - Common Stock

Gibraltar Industries

Tecnoglass

InSteel Industries

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