{"filings":[{"id":113382,"accession_number":"0001437749-26-008573","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2026-03-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Friedman Industries expands Sinton facility, adds laser cutting; completion Q4 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Expansion of Sinton, Texas facility on Steel Dynamics campus; completion targeted for Q4 2026.","Adding laser cutting equipment for first-stage processing of cut-to-length sheet.","CEO Michael Taylor says investment strengthens margins and deepens customer relationships.","Project aimed at delivering value-added solutions and improving supply chain efficiency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113381,"accession_number":"0001437749-26-003541","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries Q3 net earnings $3.0M, sales up 79% YoY, turnaround from loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $3.0M ($0.43 diluted EPS) vs net loss $1.2M (-$0.17) in year-ago quarter.","Sales $168.0M, up 79% YoY; volume increased 36%.","Flat-roll segment sales $153.0M, operating earnings $7.3M; tubular $14.9M, operating earnings $1.4M.","Hedging activities contributed a $1.4M gain for the quarter.","Outlook: Q4 volumes consistent with Q3, sequential margin improvement from higher selling prices."],"consensus_eps_estimate":null,"consensus_eps_actual":1.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":455134000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129767,"accession_number":"0001437749-25-037861","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Friedman Industries increases credit facility by $15M to $140M via Sixth Amendment","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate commitments under A&R Credit Agreement raised from $125M to $140M.","Amendment modifies threshold amounts and definition of Eligible Accounts.","Borrowers are Friedman Industries and Century Metals & Supplies, LLC.","JPMorgan Chase Bank remains administrative agent under the amended facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129766,"accession_number":"0001437749-25-034129","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries Q2: Net earnings $2.2M, sales $152.4M (+43% YoY); record volume","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings of $2.2M ($0.32 diluted EPS) vs net loss of $0.7M ($0.10 loss) in prior-year quarter.","Sales $152.4M, up 43% YoY; sales volume of 154,500 tons inventory + 24,500 tons toll processing, a record.","Completed acquisition of Century Metals & Supplies on Aug 29, 2025; incurred $0.9M in non-recurring acquisition expenses.","Flat-roll segment operating profit $5.7M; tubular segment swung to profit of $0.9M from a $0.6M loss.","Outlook: Q3 volume expected consistent with Q2, margins improving modestly on higher metals pricing."],"consensus_eps_estimate":null,"consensus_eps_actual":1.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":287160000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129765,"accession_number":"0001437749-25-034049","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K/A","filed_at":"2025-11-10T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Friedman Industries files Century Metals audited results: $98.8M rev, $4.1M net income in 2024","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Century Metals FY2024 net sales $98.8M (down from $103.8M in 2023); net income $4.1M vs $4.2M.","Total assets $68.6M, liabilities $42.1M at Dec 31, 2024; acquisition closed Aug 29, 2025.","Pro forma condensed combined financials filed for acquisition of Florida service centers in Miami, Tampa, Orlando.","Customer concentration: one customer accounted for 11% of 2024 sales ($10.9M).","Two vendors provided 28% of cost of sales in 2024; line of credit $16.5M at SOFR+2.5%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146356,"accession_number":"0001437749-25-029681","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-09-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Friedman Industries shareholders approve LTIP, reject bylaw amendment at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected; Sandy Scott received 585,490 withhold votes, highest among nominees.","Non-binding say-on-pay approved with 3.36M for vs 82K against; shareholders selected 1-year frequency.","Ratification of Baker Tilly as auditor for FY2026 passed (5.14M for, 69K against).","Amendment to allow shareholders to amend bylaws failed (3.42M for, but less than 2/3 of outstanding shares).","2025 Long-Term Incentive Plan approved with 3.35M for vs 142K against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146355,"accession_number":"0001437749-25-028241","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["1.01","2.01","2.03","9.01"],"status":"ready","headline":"Friedman Industries acquires Century Metals for $45.25M cash plus $3.5M note and earn-out","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Century Metals & Supplies for $45.25M cash at closing, $3.5M promissory note, and up to $10M earn-out over four years.","Century Metals had average annual revenues of ~$111M over past three fiscal years; deal expected to be immediately accretive.","Acquisition adds facilities in Miami (owned), Orlando and Tampa (leased), and expands into cold-rolled, coated, stainless steels and non-ferrous.","Credit facility amended: commitments reduced to $125M, maturity extended to August 29, 2030, with Wells Fargo replacing BMO as lender.","Friedman gains coil slitting capabilities and access to residential and corrosion-resistant markets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146354,"accession_number":"0001437749-25-025462","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries Q1 net earnings rise to $5.0M, sales up 18% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $5.0M ($0.71 diluted EPS) vs $2.6M ($0.37) in prior year.","Sales $134.8M, +18% YoY; tons sold 141,500 (excl. toll), +12% YoY.","Flat-roll segment earnings from ops $8.8M (vs $2.7M); tubular swings to $1.3M profit from ($1.2M) loss.","Operating cash flow $15.5M; debt reduced $14.7M; working capital $117.5M.","Outlook: slightly higher Q2 volume but lower margins due to softening HRC prices."],"consensus_eps_estimate":null,"consensus_eps_actual":0.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":134777000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146353,"accession_number":"0001437749-25-022655","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-07-14T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Friedman Industries appoints Gaurav Chhibbar as COO effective July 10, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gaurav Chhibbar appointed COO effective July 10, 2025.","Base annual salary of $365,000; eligible for short-term incentive and equity-based LTIP.","Previously a principal at Boston Consulting Group; prior metals-industry roles at Metal Edge Partners and Cargill.","MBA from University of Chicago Booth School; MIB from Indian Institute of Foreign Trade; B.E. from Panjab University."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164712,"accession_number":"0001437749-25-021112","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-06-24T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Friedman Industries appoints Baker Tilly as auditor after Moss Adams merger","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Moss Adams merged with Baker Tilly effective June 3, 2025; Moss Adams resigned as auditor.","Audit committee approved Baker Tilly as successor auditor; no disagreements or reportable events.","Prior audit reports for FY ended March 31, 2025 and 2024 were unqualified.","No consultations with Baker Tilly occurred prior to appointment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164711,"accession_number":"0001437749-25-020225","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-06-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries Q4 earnings $5.3M; FY2025 net income falls to $6.1M from $17.3M YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 net earnings $5.3M ($0.76 diluted EPS) on sales $129.2M vs Q4 2024 net earnings $5.0M ($0.71) on sales $132.2M.","Fiscal 2025 net earnings $6.1M ($0.87 diluted EPS) vs $17.3M ($2.39) in fiscal 2024; sales down to $444.6M from $516.3M.","Record quarterly sales volume ~166,500 tons, up 5% YoY and 28% from Q3; steel prices rose 35% in Q4.","Hedging gains of $1.8M in Q4 and $7.6M for fiscal 2025 helped offset price volatility.","Outlook: Q1 FY2026 volume slightly lower due to downtime but expects improved margins."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164710,"accession_number":"0001437749-25-015820","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-05-09T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Friedman Industries extends credit facility maturity to August 19, 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fourth Amendment to A&R Credit Agreement dated May 6, 2025 extends maturity to August 19, 2026.","Original credit agreement was dated May 19, 2021; JPMorgan Chase Bank, N.A. is administrative agent.","No changes to borrowing capacity, interest rates, or other terms disclosed in the filing.","Amendment will be filed as an exhibit to the Form 10-K for fiscal year ended March 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182434,"accession_number":"0001437749-25-009649","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-03-27T23:59:59+00:00","items":["3.01","8.01","9.01"],"status":"ready","headline":"Friedman Industries to transfer stock listing to Nasdaq Global Select Market effective April 8, 2025","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Transfer from NYSE American to Nasdaq, same ticker 'FRD', effective April 8, 2025.","Shares trade on NYSE American through market close on April 7, 2025.","CEO Michael Taylor cites improved market visibility and potential for liquidity and institutional ownership."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182433,"accession_number":"0001437749-25-008988","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-03-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Friedman Industries appoints Michael Hanson as director, increasing board size","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board increased size and appointed Michael Hanson as director effective March 19, 2025.","Hanson retired in 2022 as VP of Sales & Marketing at North Star BlueScope Steel.","Serves on boards of Adopt America Network and its foundation.","Not appointed to any board committees initially; will receive pro rata director fees.","Holds MBA from Eastern Michigan University and bachelor's in marketing from Univ of North Dakota."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182432,"accession_number":"0001437749-25-003173","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries Q3 net loss of $1.2M vs. year-ago profit; sales down 19%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $1.2M ($0.17 diluted loss per share) versus net income of $1.2M ($0.16 diluted EPS) a year ago.","Sales fell 19% YoY to $94.1M from $116.0M, with flat-roll segment avg selling price dropping to $813/ton from $960/ton.","Flat-roll operating profit plunged to $1.3M from $8.7M; tubular segment posted a $0.2M operating loss.","Quarter-end sales backlog volume 11% higher than prior year; debt reduced 9% during the quarter.","Company expects Q4 sales volume to exceed Q3 and margins to improve, citing stronger order activity after election."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":315384000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199051,"accession_number":"0001437749-24-034585","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries reports Q2 net loss of $0.7M; sales down 18% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $0.7M ($0.10 diluted loss per share) vs net earnings of $3.5M ($0.48 EPS) a year ago.","Sales fell to $106.8M from $130.7M; total tons sold (inventory + toll) dropped 8% to 139,500 tons.","Flat-roll segment operating profit slipped to $2.7M from $3.1M; tubular segment had an operating loss of $0.6M.","Working capital $111.7M; debt reduced 22% during the quarter.","Outlook: expects slightly lower Q3 volume due to holidays and persistent margin pressure."],"consensus_eps_estimate":null,"consensus_eps_actual":0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":221310000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199050,"accession_number":"0001437749-24-033900","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Friedman Industries adopts change of control severance plan with 3x CEO and 2x CFO multipliers","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Plan approved Sept 18, 2024; applies if termination occurs within 3 months before or 18 months after a change in control.","CEO receives 3x multiple of base salary + average annual bonus, plus pro-rata bonus; CFO gets 2x multiple.","Each also receives same multiple of health plan contribution and up to $10,000 for outplacement services.","Trigger: termination by company without cause or by individual for good reason."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215089,"accession_number":"0001437749-24-029675","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2024-09-20T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Friedman Industries shareholders reelect all 7 directors, reject bylaw amendment","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected; Michael J. Taylor led with 4,010,397 votes for.","Non-binding say-on-pay advisory resolution approved: 3,932,832 for, 200,780 against.","Ratification of Moss Adams LLP as FY2025 auditor passed: 5,383,273 for, 37,270 against.","Amendment to Articles of Incorporation to let shareholders amend bylaws failed; needed two-thirds majority.","Meeting held Sept. 18, 2024; details per Item 5.07."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215088,"accession_number":"0001437749-24-025575","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries Q1 net earnings $2.6M ($0.37 EPS), down from $7.7M ($1.04 EPS) YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $114.6M down from $137.3M YoY; net earnings of $2.6M vs $7.7M.","Flat-roll segment operating profit fell to $2.7M from $11.8M YoY; tubular segment swung to loss of $1.2M.","Hedging gains of $5.4M helped offset physical margin compression from declining HRC prices.","Sales volume declined to 119K tons inventory sold plus 24K tons toll processing (vs 129K+24K prior year).","Outlook: expects Q2 sales volume similar to Q1; challenging margins but rising HRC prices may improve later."],"consensus_eps_estimate":null,"consensus_eps_actual":0.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":114551000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234334,"accession_number":"0001437749-24-019977","cik":39092,"company_name":"FRIEDMAN INDUSTRIES INC","ticker":"FRD","form_type":"8-K","filed_at":"2024-06-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Friedman Industries Q4 net earnings $5M; FY2024 second most profitable year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net earnings $5.0M ($0.71 diluted EPS) on sales $132.2M; prior Q4 $6.3M ($0.86) on $124.2M.","FY2024 net earnings $17.3M ($2.39 diluted EPS), second most profitable; sales volume up 19% YoY.","Flat-roll segment Q4 operating profit $9.6M (+25% YoY); tubular segment profit $0.8M (-68% YoY).","Outlook: Q1 FY2025 volume similar to Q4; lower margins hedged with $5.3M in gains YTD.","Working capital $116M; FY2024 sales $516M, down from $547M in prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":168772079.0672489,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}