{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-004193","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.605370+00:00","generated_at":"2026-06-06T02:45:39.316239+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Friedman Industries Q3 fiscal 2024: EPS $0.16, sales $116M, flat-roll segment profit surges to $8.7M","bullets":["Net earnings $1.2M ($0.16 diluted EPS) on sales $116M vs $1.4M ($0.19) on $111.9M a year ago.","Flat-roll segment operating profit $8.7M vs $3.3M; tubular segment operating loss $0.1M vs profit $0.7M.","Sales volume up 11% YoY; average HRC selling price $960/ton vs $949/ton.","Hedging loss of $4.1M ($3.0M realized, $1.1M unrealized) partially offset physical margin improvement.","Management expects strong Q4 with solid margins as HRC price appreciation flows through inventory."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-004193","json":"https://secwatch.observer/filing/0001437749-24-004193.json","markdown":"https://secwatch.observer/filing/0001437749-24-004193.md","text":"https://secwatch.observer/filing/0001437749-24-004193.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774924004193/0001437749-24-004193-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774924004193/frd20240214_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:45:39.316239+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":[{"claim_id":"1e9fe6bd7d93a8912ddf46202ca7544ef42ab311","claim":"FRIEDMAN INDUSTRIES INC reported the third fiscal quarter ended December 31, 2023 results: revenue approximately $116.0 million, net income approximately $1.2 million ($0.16 diluted earnings per share), EPS $0.16 diluted earnings per share.","evidence_excerpt":"American: FRD) today announced its results of operations for the third fiscal quarter ended December 31, 2023. December 31, 2023 Quarter Highlights: ● Sales of approximately $116.0 million ● Earnings from operations of approximately $6.2 million ● Net earnings of approximately $1.2 million ● 11% increase in sales volume over prior year quarter volume ● Working","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39092/000143774924004193/0001437749-24-004193-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third fiscal quarter ended December 31, 2023"},{"label":"Revenue","value":"approximately $116.0 million"},{"label":"Net income","value":"approximately $1.2 million ($0.16 diluted earnings per share)"},{"label":"EPS","value":"$0.16 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}