{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-21-016583","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2021-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.391268+00:00","generated_at":"2026-06-30T07:03:04.105126+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Friedman Industries reports best quarter ever: Q4 net earnings $10.4M ($1.50 EPS) vs year-ago loss","bullets":["Q4 net earnings of $10.4M ($1.50 diluted EPS) on sales $49.2M; prior-year quarter net loss $3.0M ($0.43 loss per share) on sales $33.0M.","FY2021 net earnings $11.4M ($1.63 EPS) on sales $126.1M; FY2020 net loss $5.2M ($0.75 loss per share). Second most profitable fiscal year.","Margins boosted by historic 200% steel price rise and $5.5M recognized gain on hot-rolled coil derivatives.","Announced new Sinton, Texas facility on SDI campus; $21M cost, 70,000 sq ft, world’s largest stretcher leveler line, starting April 2022.","Expects Q1 FY2022 results slightly better than Q4 FY2021; margins seen remaining strong."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-21-016583","json":"https://secwatch.observer/filing/0001437749-21-016583.json","markdown":"https://secwatch.observer/filing/0001437749-21-016583.md","text":"https://secwatch.observer/filing/0001437749-21-016583.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774921016583/0001437749-21-016583-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774921016583/frd20210707_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T07:03:04.105126+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}