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Insteel (NYSE:IIIN) Beats Q4 Sales Targets
Steel wire manufacturer Insteel (NYSE:IIIN) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 6.6% year on year to $129.7 million. Its GAAP profit of $0.06 per share was 72.7% below analysts’ consensus estimates.
3 Reasons to Avoid ARW and 1 Stock to Buy Instead
Over the past six months, Arrow Electronics’s shares (currently trading at $113.01) have posted a disappointing 10.8% loss, well below the S&P 500’s 5.3% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
iHeartMedia (IHRT): Buy, Sell, or Hold Post Q3 Earnings?
What a time it’s been for iHeartMedia. In the past six months alone, the company’s stock price has increased by a massive 52.9%, reaching $2.14 per share. This performance may have investors wondering how to approach the situation.