earnings
confidence high
sentiment negative
materiality 0.65
Friedman Industries Q3 net loss of $1.2M vs. year-ago profit; sales down 19%
FRIEDMAN INDUSTRIES INC
2025-Q3 EPS reported
$0.11
revenue$315,384,000
- 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.