Northwest Pipe Co reports results for the quarter ended in September - Earnings Summary

NWPX Infrastructure

03/11/2023 14:57

* Northwest Pipe Co  NWPX.OQ  reported quarterly adjusted
earnings
of 58 cents​​ per share for the quarter ended in September,
lower than the same quarter last year, when the company reported
EPS of $1.05.  The mean expectation of three analysts for the
quarter was for earnings of 82 cents per share. Wall Street
expected results to range from 77 cents to 85 cents per share.
    * Revenue fell 3.5% to $118.72 million from a year ago;
analysts
expected $121.28 million. 
    * Northwest Pipe Co's reported EPS for the quarter was 58
cents​.
    * The company reported quarterly net income of $5.82
million.
    * Northwest Pipe Co shares had fallen by 6.4% this
quarter and
lost 16.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Northwest
Pipe Co
is $40.00 

This summary was machine generated from LSEG data November 3 at
02:57 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.82           0.58           Missed
 Jun. 30 2023      0.79           0.74           Missed
 Mar. 31 2023      0.38           0.23           Missed
 Dec. 31 2022      0.71           0.85           Beat