Perma-Pipe Inlt Hldgs Q2 EPS $0.31 Misses $0.55 Estimate, Sales $59.567M Beat $51.000M Estimate
Perma-Pipe Inlt Hldgs (NASDAQ:PPIH) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.55 by 43.64 percent. This is a 210 percent increase over earnings of $0.10 per share
Perma-Pipe sold more stuff than expected, which is good—but made way less profit per share than people thought it would. This is a mixed signal: the company is growing sales, but something is eating into the money it keeps.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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