Perma-Pipe Q3 Earnings Jump Y/Y on Middle East, U.S. Demand

Shares of Perma-Pipe International Holdings, Inc. (PPIH) have gained 9.9% since the company reported its earnings for the quarter ended Oct. 31, 2025. In contrast, the S&P 500 index has declined 1.4% during the same period. Over the past month, Perma-Pipe’s stock has surged by an impressive 38.1%, significantly outperforming the broader market, which rose just 2.6%.For the third quarter of 2025, Perma-Pipe reported diluted earnings per share (EPS) of 77 cents, more than doubling from 31 cents a year earlier ...