Brief: Northwest Pipe Q2 Sales USD 133.182 Million

NWPX Infrastructure

07/08/2025 21:16

Overview

NWPX Q2 net sales rise 2.8% to $133.2 mln, beating analyst expectations

Precast segment achieves record sales of $48.6 mln, driven by higher shipping levels

Co repurchased $15 mln in stock, representing 3.6% of shares outstanding

Outlook

Company expects Q3 WTS revenue and margins to match or exceed Q2

Company anticipates strong Q3 Precast revenue with margin improvement

NWPX sees continued demand across both business segments

Company's healthy order book supports strong Q3 performance

Result Drivers

WTS SEGMENT - Revenue decreased 5.5% due to a 10% decline in production volume, partially offset by a 4% increase in selling price per ton

PRECAST SEGMENT - Record sales of $48.6 mln driven by a 13% increase in volume shipped and a 7% increase in selling prices

GROSS MARGIN - Expanded to 19.0% due to enhanced production efficiency and solid market demand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$133.18 mln
$120.90 mln (3 Analysts)
Q2 Net Income
$9.06 mln
Q2 Gross Profit
$25.36 mln
Q2 Operating Income
$13.24 mln
Q2 Pretax Profit
$12.49 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the iron & steel peer group is "buy"

Wall Street's median 12-month price target for NWPX Infrastructure Inc is $55.00, about 23.6% above its August 6 closing price of $42.01

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPnW7c8Za

(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.)