NPK International beats Q1 revenue estimates, raises FY revenue outlook

NPK International

30/04/2026 21:37

Overview

US temporary worksite access provider's Q1 revenue rose 16% yr/yr, beating analyst expectations

Adjusted EPS for Q1 was flat yr/yr at $0.12

Company raised full-year 2026 revenue and adjusted EBITDA guidance

Outlook

NPK rasies 2026 revenue outlook to $310 mln-$325 mln

Company expects 2026 adjusted EBITDA of $92 mln-$102 mln

NPK plans 2026 capital expenditures of $75 mln-$90 mln, including $30 mln-$35 mln for expansion

Result Drivers

RENTAL AND SERVICES DEMAND - Co said record rental and services revenues were driven by strong demand from utility customers and the impact of a recent acquisition

PRODUCT SALES TO UTILITIES - Co said product sales rose due to continued strong demand from utility companies

LOWER GROSS MARGIN - Co said gross margin declined due to elevated cross-rental activity and modestly lower fleet utilization

Company press release: ID:nBw2M5qdfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$75.1 mln
$73.08 mln (4 Analysts)
Q1 EPS
$0.12
Q1 Net Income
$10.46 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy"

Wall Street's median 12-month price target for NPK International Inc is $19.00, about 21.4% above its April 29 closing price of $15.65

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 22 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)