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 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27140 NORTHWEST PIPE COMPANY (Exact name of registrant as specified in its charter) Oregon 93-0557988 State or othe ...

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: September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______to _______ Commission File Number: 0-27140 NORTHWEST PIPE COMPANY (Exact name of registrant as specified in its charter) Oregon 93-0557988 ...

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: June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______to _______ Commission File Number: 0-27140 NORTHWEST PIPE COMPANY (Exact name of registrant as specified in its charter) Oregon 93-0557988 (Stat ...

Financial Data and Key Metrics Changes - Revenue for Q1 2023 was $99.1 million, a decline of 9.4% compared to $109.3 million in Q1 2022 [5][43] - Consolidated net income decreased to $2.4 million or $0.23 per diluted share from $3.6 million or $0.36 per diluted share in the prior year [42] - Consolidated gross profit increased by 12.1% to $16.6 million, resulting in a gross margin of 16.7%, up from 13.5% in Q1 2022 [11][44] Business Line Data and Key Metrics Changes - Steel pressure pipe segment revenue decreased by 14.9% to $63.5 million, primarily due to customer-driven delays and severe weather [6][43] - Precast segment revenue increased by 2.7% to $35.6 million, driven by higher selling prices and strong demand [8][44] - Steel pressure pipe gross profit increased by 8.2% to $7.8 million, with a gross margin of 12.2%, up from 9.6% in Q1 2022 [12][45] - Precast gross profit rose by 15.8% to $8.8 million, with a gross margin of 24.7%, up from 21.9% in the prior year [13][46] Market Data and Key Metrics Changes - The company ended Q1 2023 with a strong backlog of $370 million, slightly down from $372 million at year-end but up from $341 million a year ago [6][7] - The precast order book totaled $58 million as of March 31, 2023, down from $64 million at year-end 2022 [9] Company Strategy and Development Direction - The company aims to drive growth in the precast segment, focusing on the integration of ParkUSA and ongoing ERP implementation [14][16] - The strategy includes maximizing efficiency in the steel pressure pipe business, where the company holds a 55% market share [22] - The company is focused on cost reduction measures and enhancing shareholder value through lean manufacturing [23][40] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2023, citing a robust backlog and expected strong performance in the steel pressure pipe segment despite anticipated moderation in bidding volume [36][38] - The precast business is expected to maintain strong demand, particularly in fast-growing markets like Utah and Texas [10][62] - Management acknowledged challenges from ERP implementation but views it as a necessary step for long-term growth [16][52] Other Important Information - Interest expense increased to $1.4 million in Q1 2023, with expectations of approximately $5 million for the full year [49] - The company generated net cash from operating activities of $26.3 million in Q1 2023, a significant increase from $1.6 million in the prior year [50] Q&A Session Summary Question: Will Q2 be as strong as last year for steel pressure pipe? - Management indicated that the backlog is about 12% higher than last year, setting up for a strong revenue trajectory with improved margins [60] Question: How will precast performance affect year-over-year comparisons? - Management noted that while precast is down modestly, strong markets in Utah and Texas are expected to support performance [61][65] Question: Is there enough contracting capacity in California for upcoming projects? - Management confirmed that major contractors have the capacity to handle multiple large projects simultaneously in strong markets like California and Texas [67]