---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-003293"
form_type: "8-K"
ticker: "FRD"
cik: "0000039092"
company_name: "FRIEDMAN INDUSTRIES INC"
filed_at: "2022-02-14T23:59:59+00:00"
generated_at: "2026-06-27T08:35:33.798636+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries reports Q3 net loss of $2.96M; revenue up 81% YoY to $51.7M

## Summary
- Diluted EPS loss of $0.43 vs. $0.30 EPS gain in prior-year quarter; net loss driven by $13.0M hedging loss.
- Sales rose 81% to $51.7M on higher average selling prices; tons sold declined slightly.
- Coil segment operating loss of $4.0M included $13.1M net loss on hedging; sales $41.8M.
- Sinton facility construction delayed; operations now expected Aug 2022 with $21M total cost.
- Outlook for Q4: physical margins to decline but remain above historical averages; ~$9M hedging losses to hit earnings.

## SEC filing metadata
- accession: 0001437749-22-003293
- form_type: 8-K
- ticker: FRD
- cik: 0000039092
- company_name: FRIEDMAN INDUSTRIES INC
- filed_at: 2022-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39092/000143774922003293/0001437749-22-003293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39092/000143774922003293/frd20220214_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-003293
- JSON: https://secwatch.observer/filing/0001437749-22-003293.json
- Plain text: https://secwatch.observer/filing/0001437749-22-003293.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.