NWPX Stock Recent News

Northwest Pipe Co. (NWPX) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

UTHR and NWPX made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 7, 2024.

Northwest Pipe Company (NASDAQ:NWPX ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Scott Montross - President and CEO Aaron Wilkins - Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Julio Romero - Sidoti & Company Ted Jackson - Northern Securities David Wright - Henry Investment Trust Operator Hello.

Although the revenue and EPS for Northwest Pipe Co. (NWPX) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Northwest Pipe's 2023 revenue, gross profit margin, and net income per diluted share fell given weaker demand and a smaller bidding year for the SPP segment. Management anticipates a stronger 2024 for the Precast segment and a larger bidding year for the SPP segment. I think the bidding years for the SPP segment could increase as lower energy prices could increase the number of water desalination plants and subsequent demand for water transmission systems.

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.