8-K filing — FRIEDMAN INDUSTRIES INC (FRD)

Revisiting 2 Outperform Microcaps

Zacks highlights two microcap stocks with Outperform ratings that have delivered strong returns. Perma-Pipe International (PPIH) has gained 250% since May 2024, benefiting from Middle East infrastructure and data center expansion, though facing near-term margin pressure from facility ramp-up costs. Friedman Industries (FRD) has returned 120% since December upgrade, demonstrating operational leverage with EBITDA more than doubling despite steel industry cyclicality risks.

Friedman Industries shares are trading higher after the company reported a year-over-year increase in Q1 financial results.

Friedman Industries Q1 EPS $1.79 Up From $0.71 YoY, Sales $239.971M Up From $134.777M YoY

Friedman Industries (AMEX:FRD) reported quarterly earnings of $1.79 per share. This is a 152.11 percent increase over earnings of $0.71 per share from the same period last year. The company reported $239.971 million in