Friedman Industries stock drops post Q4 earnings, despite margin gains, CEO optimistic

From Zacks Investment Research: 2025-06-19 14:20:00

Shares of Friedman Industries, Incorporated (FRD) have dropped by 3.2% since releasing earnings for the quarter ending March 31, 2025. Despite a 0.5% gain in the past month, the stock underperformed compared to the S&P 500. For Q4, net earnings were $5.3 million with a 2.3% decline in sales to $129.2 million. Full-year earnings fell 64.9% to $6.1 million. The flat-roll segment contributed $117.7 million in sales, while the tubular segment generated $11.5 million. FRD benefited from a $1.8 million gain from hedging hot-rolled coil futures and cost control efforts. CEO Michael J. Taylor highlighted the company’s strategic execution and transformation. Looking ahead, FRD expects improved margins in fiscal 2026 despite lower sales volume in Q1.



Read more at Zacks Investment Research: Friedman Industries Stock Slips Post Q4 Earnings Despite Margin Gains – June 19, 2025