Friedman Industries second-quarter net earnings rise year over year to $15.61 million

Bitget2026/11/05 23:06

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Friedman Industries’ second-quarter net earnings rose year-over-year to $15.61 million for the period ended September 30, 2026.
Net sales climbed 88% year-over-year to $286.81 million, while quarterly sales volume increased 23% to approximately 219,500 tons.
Quarterly hedging charges totaled $14.6 million, including $9.8 million in unrealized charges related to open positions associated with unsold metal.
Third-quarter volume is expected to follow normal seasonal trends, with higher selling prices supporting sequential improvement in physical margins.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Friedman Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611051633PRIMZONEFULLFEED9871796) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Friedman Industries second-quarter net earnings rise year over year to $15.61 million

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