Insteel Industries and Hubbell Among Key Stocks Lifting Investor Earnings Spirits

Insteel Industries Inc. (NASDAQ:IIIN) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share increased 280% to $0.19 in the quarter versus EPS of $0.05 in the year-earlier quarter. Revenue Rose 3.63% to $97 million from the year-earlier quarter.

Insteel Industries Inc. reported adjusted EPS income of $0.19 per share. By that measure, the company missed the mean analyst estimate of $0.27. It beat the average revenue estimate of $95.1 million.

IIIN

Orbital Sciences Corp. (NYSE:ORB) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 8% to $0.27 in the quarter versus EPS of $0.25 in the year-earlier quarter. Revenue Decreased 10.28% to $333.1 million from the year-earlier quarter.

Orbital Sciences Corp. reported adjusted EPS income of $0.27 per share. By that measure, the company beat the mean analyst estimate of $0.23. It missed the average revenue estimate of $358.34 million.

ORB

Snap-on Inc. (NYSE:SNA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 15.38% to $1.50 in the quarter versus EPS of $1.30 in the year-earlier quarter. Revenue Rose 3.55% to $764.1 million from the year-earlier quarter.

Snap-on Inc. reported adjusted EPS income of $1.50 per share. By that measure, the company beat the mean analyst estimate of $1.45. It beat the average revenue estimate of $758.08 million.

SNA

Hubbell (NYSE:HUB-B) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 6.2% to $1.37 in the quarter versus EPS of $1.29 in the year-earlier quarter. Revenue Was the same at $801.3 million as the year-earlier quarter.

Hubbell reported adjusted EPS income of $1.37 per share. By that measure, the company beat the mean analyst estimate of $1.31. It missed the average revenue estimate of $802.64 million.

HUB-B

Watsco Inc. (NYSE:WSO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 28.7% to $1.48 in the quarter versus EPS of $1.15 in the year-earlier quarter. Revenue Rose 10.74% to $1.12 billion from the year-earlier quarter.

Watsco Inc. reported adjusted EPS income of $1.48 per share. By that measure, the company beat the mean analyst estimate of $1.40. It beat the average revenue estimate of $1.1 billion.

WSO

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