Northwest Pipe Co. (NWPX) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.36%. A quarter ago, it was expected that this steel pipe maker would post earnings of $0.34 per share when it actually produced earnings of $0.52, delivering a surprise of 52.94%. Over the last four quarters ...

Net sales of $129.5 million increased 11.3% year-over-year Record net sales of $89.5 million for the Engineered Steel Pressure Pipe segment ("SPP") Record gross profit of $25.8 million increased 14.8% year-over-year Net income of $0.86 per diluted share Generated strong net cash provided by operating activities of $22.3 million Backlog1 of $282 million; backlog including confirmed orders2 of $348 million for SPP Order book3 of $62 million for the Precast Infrastructure and Engineered Systems segment ("Preca ...

Financial results to be released after market close on July 31, 2024 Conference call to begin at 7:00 a.m. PT on August 1, 2024 Scott Montross, Northwest Pipe Company's President and Chief Executive Officer, and Aaron Wilkins, Chief Financial Officer, will host a conference call to discuss the Company's second quarter 2024 results on Thursday, August 1, 2024, at 7:00 a.m. Pacific Time. The call will be broadcast live over the Internet hosted on the Investor Relations section of the Company's website at www. ...

Author's Chart Author's Chart Many of the pipes that were installed after World War II have an average lifespan of 75 to 100 years, meaning that many of them are nearing the end of their design life. To give more perspective, some of the oldest pipes in the US were installed in the 19th century. Due to the age of the current US water infrastructure, it is estimated that for every 100 miles of pipe, there were about 10–37 leaks and breaks. The report also mentioned that between 2012 and 2018, the number of w ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

Here are two stocks with buy rank and strong value characteristics for investors to consider today, May 7th:  United Therapeutics (UTHR) : This company, which is engaged in research and development efforts to increase the supply of transplantable organs and tissues through regenerative medicine and organ manufacturing, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.United Therapeutics has a price-to-earn ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 or 201 NE Park Plaza Drive, Suite 100 Vancouver, Washington 98684 (Address of principal executive offices and Zip Code) 360‑397‑6250 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: ☐ TRANSITION REPORT PURSUANT ...

Northwest Pipe Co. (NWPX) reported $113.22 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 14.2%. EPS of $0.52 for the same period compares to $0.23 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $103.2 million, representing a surprise of +9.70%. The company delivered an EPS surprise of +52.94%, with the consensus EPS estimate being $0.34.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

Exhibit 99.1 Northwest Pipe Company Announces First Quarter 2024 Financial Results VANCOUVER, Washington—May 1, 2024—Northwest Pipe Company (NASDAQ: NWPX) (the "Company"), a leading manufacturer of water-related infrastructure products, today announced its financial results for the first quarter ended March 31, 2024. The Company will broadcast its first quarter 2024 earnings conference call on Thursday, May 2, 2024 at 7:00 a.m. PT. Management Commentary "Despite the strength of the incoming order book, our ...