Insteel Indus Q3 Adj. EPS $0.81 Beats $0.57 Estimate, Sales $179.886M Beat $174.200M Estimate

Insteel Indus (NYSE: IIIN) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.57 by 42.11 percent. This is a 138.24 percent increase over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $179.886 million which beat the analyst consensus estimate of $174.200 million by 3.26 percent. This is a 23.40 percent increase over sales of $145.775 million the same period last year.