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 Third Quarter and Nine Months Ended December 31, 2023

February 14, 2024 at 04:31 pm EST

Friedman Industries, Incorporated reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 115.97 million compared to USD 111.86 million a year ago. Net income was USD 1.18 million compared to USD 1.38 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.16 compared to USD 0.19 a year ago.
For the nine months, sales was USD 384.02 million compared to USD 423.36 million a year ago. Net income was USD 12.39 million compared to USD 15.03 million a year ago. Basic earnings per share from continuing operations was USD 1.69 compared to USD 2.06 a year ago. Diluted earnings per share from continuing operations was USD 1.69 compared to USD 2.06 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

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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)

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Sector Iron, Steel Mills & Foundries

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