earnings
confidence high
sentiment positive
materiality 0.70
Insteel Q2 net earnings rise to $10.2M ($0.52/sh) on 26.1% sales growth
INSTEEL INDUSTRIES INC
2025-Q2 EPS
reported $0.58
vs consensus $0.58
▼ miss
(-0.2%)
- Net sales $160.7M, up 26.1% YoY; shipments +28.9%, avg selling prices -2.2%.
- Gross margin 15.3% vs 12.3% a year ago; net earnings $10.2M vs $6.9M.
- Net cash $28.4M, no debt, $100M revolver undrawn as of March 29, 2025.
- CEO cites strengthening demand and positive impact from expanded Section 232 tariff on PC strand.
- FY2025 capex expected ~$17M; Q2 included $0.7M restructuring/acquisition costs.