earnings
confidence high
sentiment positive
materiality 0.80
Friedman Industries Q1 FY2027: EPS $1.79, sales $240M (+78% YoY), record volume 206K tons
FRIEDMAN INDUSTRIES INC
2027-Q1 EPS reported
$1.79
revenue$239,971,000
- Net earnings $12.8M ($1.79 diluted EPS) vs $5.0M ($0.71) in prior year; EBITDA $19.3M vs $8.2M.
- Sales $240.0M, up 78% YoY; record quarterly sales volume of ~206K tons (+28% YoY).
- Flat-roll segment operating earnings $24.7M (vs $8.8M); tubular segment $2.1M (vs $1.3M).
- Operating cash flow $7.3M; outlook expects Q2 volumes comparable to Q1 with sequential margin improvement.
- Century Metals acquisition (Aug 2025) contributed; same-facility organic growth added ~33K tons.