{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-21-027179","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2021-11-19T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.172487+00:00","generated_at":"2026-06-28T06:43:40.261969+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Friedman Industries Q2 FY2022 net earnings $13.2M ($1.91 EPS) vs year-ago loss, record quarter","bullets":["Net earnings of $13.18M ($1.91 diluted EPS) on sales of $92.57M vs net loss of $0.25M ($0.04 loss) year ago.","Coil segment operating profit $24.27M vs $0.75M; tubular profit $2.0M vs loss $0.34M.","Sinton, TX coil facility construction started; expected to begin operations April 2022, total project cost $21M.","Outlook: physical margins to decline slightly but remain well above historical averages; expect $14.7M hedge loss reclassification in Q3.","Company expects FY ending March 2022 to be most profitable fiscal year in history."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-21-027179","json":"https://secwatch.observer/filing/0001437749-21-027179.json","markdown":"https://secwatch.observer/filing/0001437749-21-027179.md","text":"https://secwatch.observer/filing/0001437749-21-027179.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774921027179/0001437749-21-027179-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774921027179/frd20211119_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T06:43:40.261969+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"}