Education
About Us
Working with TipRanks
Follow Us
Northwest Pipe Company (NWPX)
NASDAQ:NWPX
RESEARCH TOOLSreports
Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.91Last Year’s EPS
0.54Same Quarter Last Year
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 0.00%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial and operational performance, including record revenue and safety achievements. However, challenges such as tariff impacts and non-residential market difficulties were discussed. The sentiment is positive due to the record accomplishments outweighing the issues faced.Company Guidance
During the Northwest Pipe Company Fourth Quarter and Full Year 2024 Earnings Call, CEO Scott Montross highlighted the company's record performance, projecting a strong outlook for 2025. In 2024, the company achieved record annual net sales of $492.5 million, marking a 10.8% increase over the previous year, despite challenges in the non-residential precast market. The SPP segment reported a revenue of $337.9 million, an increase of 14% year-over-year, backed by a robust backlog of $310 million as of December 31, 2024. Precast revenue also reached a record $154.6 million, up 4.5% from the previous year. The company achieved a record consolidated gross profit of $95.4 million, with a gross margin of 19.4%, up from 17.5% in 2023. Looking forward, Northwest Pipe anticipates strong bidding activity in the SPP segment and a robust precast order book, with expectations for precast revenue and margins to improve or remain consistent with the first quarter of 2024. The company also reported paying down $26 million in debt and plans to continue exploring M&A opportunities to expand its precast business.Record Financial and Operational Performance
Northwest Pipe Company achieved record net sales of $492.5 million in 2024, representing a 10.8% increase over the previous year. This was accompanied by record consolidated gross profit dollars and profitability, translating to $3.40 per share.
Record Safety Performance
The company reported a total recordable incident rate of 1.25 in 2024, underscoring its commitment to employee safety.
SPP Segment Revenue Growth
SPP segment revenue reached a record $337.9 million in 2024, up 14% year over year, driven by higher production levels and strong backlog.
Precast Segment Revenue Increase
Precast revenue increased 4.5% year over year to a new annual record of $154.6 million, despite challenges in the non-residential construction market.
Strong Free Cash Flow
The company generated free cash flow of $34 million in 2024, better than anticipated due to shifting working capital needs in the SPP business.
---
NWPX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
NWPX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $48.02 | $42.88 | -10.70% |
| Oct 30, 2024 | $44.83 | $44.89 | +0.13% |
| Jul 31, 2024 | $38.15 | $37.97 | -0.47% |
| May 01, 2024 | $31.63 | $32.29 | +2.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Northwest Pipe Company (NWPX) report earnings?
Northwest Pipe Company (NWPX) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Northwest Pipe Company (NWPX) earnings time?
Northwest Pipe Company (NWPX) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NWPX EPS forecast?
NWPX EPS forecast for the fiscal quarter 2024 (Q4) is 0.91.
---