Perma-Pipe Inlt Hldgs Q4 EPS $1.08 Up From $0.39 YoY, Sales $40.18M Up From $36.44M YoY
Portfolio Pulse from Benzinga Newsdesk
Perma-Pipe International Holdings (PPIH) reported a significant increase in Q4 earnings per share to $1.08, up 176.92% from $0.39 YoY. Sales also rose by 10.26% to $40.18M from $36.44M YoY.
April 26, 2024 | 1:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Perma-Pipe International Holdings (PPIH) reported a significant increase in Q4 earnings per share to $1.08, up 176.92% from $0.39 YoY, and a 10.26% increase in sales to $40.18M from $36.44M YoY.
The substantial increase in both earnings per share and sales indicates strong financial health and operational efficiency. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in PPIH's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100