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While the top- and bottom-line numbers for Northwest Pipe Co. (NWPX) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Northwest Pipe Co. (NWPX) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.85 per share a year ago.
Northwest Pipe Co. (NWPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Northwest Pipe Company faces near-term headwinds from a reduced backlog and order book, but 2024 could be an inflection year. The company's revenue growth has turned negative in 2023, but a meaningful improvement in the bidding market is expected in 2024. Margins have declined in Q3 2023, but the medium- to long-term outlook is favorable with improvements in the bidding market and cost reduction initiatives.
Northwest Pipe Company (NASDAQ:NWPX ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Scott Montross – President and Chief Executive Officer Aaron Wilkins – Chief Financial Officer Conference Call Participants Brent Thielman – D.A. Davidson Julio Romero – Sidoti & Company Ted Jackson – Northland Securities Operator Greetings, and welcome to the Northwest Pipe Company Third Quarter 2023 Earnings Conference Call.
Northwest Pipe Company (NASDAQ:NWPX ) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Scott Montross - President and Chief Executive Officer Aaron Wilkins - Chief Financial Officer Conference Call Participants Julio Romero - Sidoti & Company, LLC Jean Ramirez - D.A. Davidson & Co. Operator Good day, and welcome to the Northwest Pipe Company Second Quarter 2023 Earnings Conference Call.
The Biden administration's investment into water infrastructure could be a significant benefit for Northwest Pipe Company, a company that offers steel pressure pipes and precast infrastructure. The latter segment has strong growth potential, especially with the need for water infrastructure upgrades across the US. Safer times to buy shares would be when orders for the Precast segment are increasing and overall top and bottom line growth is seen.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
VANCOUVER, Wash. , March 16, 2023 /PRNewswire/ -- Northwest Pipe Company (NASDAQ: NWPX), an industry leader of engineered pipeline systems for water infrastructure, announced today that Scott Montross, President and Chief Executive Officer, and Aaron Wilkins, Chief Financial Officer, will participate in the Sidoti Small-Cap Virtual Conference on Thursday, March 23, 2023.
Northwest Pipe Co. (NWPX) delivered earnings and revenue surprises of 13.33% and 0.80%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?