Friedman Industries, Incorporated

FRD

US3584351056

Iron & Steel

Market Closed - Nyse Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
19.46 ^USD	+0.36%		+3.68%	+25.87%

Mar. 21	Friedman Industries Raises Quarterly Dividend to $0.04 Per Share; Payable May 24 to Shareholders of Record on April 26	MT
Mar. 21	Friedman Industries, Incorporated Increases Cash Dividend, Payable on May 24, 2024	CI

Friedman Industries, Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023

November 14, 2023 at 05:05 pm EST

Friedman Industries, Incorporated reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 130.75 million compared to USD 149.69 million a year ago. Net income was USD 3.51 million compared to USD 2.47 million a year ago. Basic earnings per share from continuing operations was USD 0.48 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to USD 0.34 a year ago.
For the six months, sales was USD 268.05 million compared to USD 311.5 million a year ago. Net income was USD 11.2 million compared to USD 13.66 million a year ago. Basic earnings per share from continuing operations was USD 1.52 compared to USD 1.88 a year ago. Diluted earnings per share from continuing operations was USD 1.52 compared to USD 1.88 a year ago.

Latest news about Friedman Industries, Incorporated

Friedman Industries Raises Quarterly Dividend to $0.04 Per Share; Payable May 24 to Shareholders of Record on April 26	Mar. 21	MT
Friedman Industries, Incorporated Increases Cash Dividend, Payable on May 24, 2024	Mar. 21	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Reports Q3 Revenue $116M	Feb. 14	MT
Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2024	Feb. 14	CI
Friedman Industries, Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 14	CI
Friedman Industries, Incorporated announces an Equity Buyback for 1,045,774 shares, representing 15% of its issued share capital.	Dec. 18	CI
Friedman Industries Maintains Quarterly Dividend at $0.02 per Share; Payable Feb. 16 to Shareholders of Record Jan. 19	Dec. 14	MT
Friedman Industries, Incorporated authorizes a Buyback Plan.	Dec. 12	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Reports Q2 Revenue $130.7M	Nov. 14	MT
Friedman Industries, Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 14	CI
Insider Buy: Friedman Industries	23-08-21	MT
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Posts Q1 Revenue $137.3M	23-08-14	MT
Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2024	23-08-14	CI
Friedman Industries, Incorporated Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-14	CI
Tranche Update on Friedman Industries, Incorporated's Equity Buyback Plan announced on June 30, 2020.	23-08-14	CI
Tranche Update on Friedman Industries, Incorporated's Equity Buyback Plan announced on June 30, 2020.	23-07-14	CI
Friedman Industries, Incorporated's Equity Buyback announced on June 30, 2020, has expired with 180,200 shares, representing 2.56% for $1.14 million.	23-06-29	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Posts Q4 Revenue $124.2M	23-06-29	MT
Friedman Industries, Incorporated Provides Sales Guidance for the First Quarter of Fiscal 2024	23-06-29	CI
Friedman Industries, Incorporated Reports Earnings Results for the Fourth Quarter Ended March 31, 2023	23-06-29	CI
Friedman Industries, Incorporated Reports Earnings Results for the Full Year Ended March 31, 2023	23-06-29	CI
Friedman Industries, Incorporated Announces Quarterly Cash Dividend, Payable August 11, 2023	23-06-20	CI
Friedman Industries, Incorporated Declares Cash Dividend, Payable on May 26, 2023	23-03-21	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Reports Q3 Revenue $111.9M	23-02-09	MT
Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2023	23-02-09	CI

Chart Friedman Industries, Incorporated

Duration

Period

More charts

Company Profile

Friedman Industries, Incorporated is a manufacturer and processor of steel products. Its segments include coil products and tubular products. The coil products segment consists of the operation of five hot-rolled coil processing facilities located in Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to length lines. The Sinton and Decatur facilities operate stretcher leveler cut-to-length lines. The tubular products segment consists of the operations in Lone Star where the Company manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division (TTP). TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8 OD to 8 5/8 OD. Both pipe mills manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes.

Sector

Iron & Steel

Calendar

2024-06-26 - Q4 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
FRIEDMAN INDUSTRIES, INCORPORATED	+25.87%	136M
JSW STEEL LIMITED	+0.70%	25.86B
BAOSHAN IRON & STEEL CO., LTD.	+19.56%	21.28B
CHINA STEEL CORPORATION	-9.07%	11.73B
JINDAL STEEL & POWER LIMITED	+24.56%	11.2B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+11.54%	10.91B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+10.96%	10.15B
TERNIUM S.A.	+2.61%	8.56B
BHARAT FORGE LIMITED	+5.78%	7.32B
JINDAL STAINLESS LIMITED	+22.56%	6.92B