Friedman Industries Inc. Common Stock (FRD)

This article provides an earnings forecast for Friedman Industries Inc (FRD), focusing on future EPS and revenue growth estimates. It includes current stock market data such as the closing price, after-hours trading, market cap, and P/E ratio, along with links to various financial analysis tools and peer comparisons. The forecast section specifically highlights EPS, Revenue, and Net Profit EBIT.

Friedman Industries reported strong financial results for Q1 FY2027, with net sales reaching $239.97 million, a 78% increase year-over-year, driven by higher volumes and selling prices. The company achieved net earnings of $12.8 million and EBITDA of $19.3 million, alongside a record quarterly sales volume of approximately 206,000 tons. Operational highlights included improved capacity utilization, successful commercial initiatives, and the integration of the Century Metals acquisition.

FRIEDMAN INDUSTRIES INC reported strong financial results for the quarter ended 2026, with revenue reaching $239.97M and diluted EPS at $1.79, both significantly higher than the prior year. The growth was primarily driven by increased average selling prices and a substantial rise in shipment volumes, alongside improved operational performance and strategic commodity risk management. The acquisition of Century Metals also contributed to volume and revenue, despite associated operating expenses.

Friedman Industries reported strong fiscal Q1 2027 results with net sales up 78% to $240 million and diluted EPS rising to $1.79, primarily driven by record sales volume of 206,000 tons. The company's flat-roll segment remained the main earnings driver, while existing facilities contributed most of the volume growth. Despite a $2.8 million economic-hedging loss, management anticipates sequential margin improvement in Q2 based on higher average selling prices.

Friedman Industries, Incorporated (FRD) reported its first-quarter results, highlighting a significant decrease in net earnings to $0.4 million compared to $6.0 million in the prior year, primarily due to lower average selling prices for steel products and reduced steel coil product shipments. Despite the decline, the company maintains a strong financial position with $118.8 million in cash and short-term investments and no long-term debt. The company's steel segment experienced a substantial drop in net sales, while the tubular segment saw an increase, though overall profitability was impacted by market conditions.