Friedman Industries, Incorporated

FRD

US3584351056

Iron & Steel

Market Closed - Nyse Other stock markets 01:30:00 23/05/2024 am IST			5-day change	1st Jan Change
18.12 ^USD	-0.98%		-3.62%	+17.21%

21/03	Friedman Industries Raises Quarterly Dividend to $0.04 Per Share; Payable May 24 to Shareholders of Record on April 26	MT
21/03	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, 2022

December 03, 2022 at 03:13 am IST

Friedman Industries, Incorporated reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was USD 149.69 million compared to USD 92.57 million a year ago. Net income was USD 2.47 million compared to USD 13.18 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 1.91 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 1.91 a year ago.
For the six months, sales was USD 311.5 million compared to USD 158.49 million a year ago. Net income was USD 13.66 million compared to USD 24.49 million a year ago. Basic earnings per share from continuing operations was USD 1.88 compared to USD 3.55 a year ago. Diluted earnings per share from continuing operations was USD 1.88 compared to USD 3.55 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	22/03	MT
Friedman Industries, Incorporated Increases Cash Dividend, Payable on May 24, 2024	22/03	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Reports Q3 Revenue $116M	15/02	MT
Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2024	15/02	CI
Friedman Industries, Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	15/02	CI
Friedman Industries, Incorporated announces an Equity Buyback for 1,045,774 shares, representing 15% of its issued share capital.	19/12	CI
Friedman Industries Maintains Quarterly Dividend at $0.02 per Share; Payable Feb. 16 to Shareholders of Record Jan. 19	14/12	MT
Friedman Industries, Incorporated authorizes a Buyback Plan.	13/12	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Reports Q2 Revenue $130.7M	15/11	MT
Friedman Industries, Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	15/11	CI
Insider Buy: Friedman Industries	22/23/22	MT
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Posts Q1 Revenue $137.3M	15/23/15	MT
Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2024	15/23/15	CI
Friedman Industries, Incorporated Reports Earnings Results for the First Quarter Ended June 30, 2023	15/23/15	CI
Tranche Update on Friedman Industries, Incorporated's Equity Buyback Plan announced on June 30, 2020.	15/23/15	CI
Tranche Update on Friedman Industries, Incorporated's Equity Buyback Plan announced on June 30, 2020.	15/23/15	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.	30/23/30	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Posts Q4 Revenue $124.2M	30/23/30	MT
Friedman Industries, Incorporated Provides Sales Guidance for the First Quarter of Fiscal 2024	30/23/30	CI
Friedman Industries, Incorporated Reports Earnings Results for the Fourth Quarter Ended March 31, 2023	30/23/30	CI
Friedman Industries, Incorporated Reports Earnings Results for the Full Year Ended March 31, 2023	30/23/30	CI
Friedman Industries, Incorporated Announces Quarterly Cash Dividend, Payable August 11, 2023	21/23/21	CI
Friedman Industries, Incorporated Declares Cash Dividend, Payable on May 26, 2023	22/23/22	CI
Earnings Flash (FRD) FRIEDMAN INDUSTRIES Reports Q3 Revenue $111.9M	10/23/10	MT
Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2023	10/23/10	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

27/06/2024 - Q4 2024 Earnings Release (Projected)

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Sector Iron, Steel Mills & Foundries

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