Northwest Pipe (NASDAQ:NWPX) Stock

Northwest Pipe

Northwest Pipe Co is a manufacturer of water-related infrastructure products. The company has two operating segments; Engineered Steel Pressure Pipe segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications, and Precast Infrastructure and Engineered Systems segment manufacture stormwater and wastewater technology products, high-quality precast and reinforced concrete products, including manholes, box culverts, vaults, and catch basins, pump lift stations, oil water separators, biofiltration, and other environmental and engineered solutions.

Small Cap

Trading Ideas

General

NHYDY

NWPX

Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either Norsk Hydro ASA (OTC: NHYDY) or Northwest Pipe Co. (NASDAQ: NWPX).

NHYDY Or NWPX: Which Is the Better Value Stock Right Now?

Earnings

Latin America

News

Markets

Analyst Ratings

Tech

CLMB

EZPW

TILE

WLDN

U.S. stock markets suffered a bloody blow in the first week of August. Wall Street&#39;s turmoil was triggered by weak labor market data, which heightened concerns of a near-term recession. The massive unwinding of Yen-carry trade due to an unexpected rate hike by the Bank of Japan aggravated the situation.

5 Stocks With Recent Price Strength in an Uncertain Market

Earnings Misses

Guidance

KALU

TriMas Corporation (NASDAQ: TRS) reported second-quarter 2024 adjusted earnings per share of 43 cents (including non-cash compensation expenses), which missed the Zacks Consensus Estimate of 53 cents. The bottom line declined 23.2% from the prior-year quarter.

TriMas Q2 Earnings Miss Estimates, Revenues Rise Y/Y

Northwest Pipe Co

Legal

Northwest Pipe Company Receives U.S. Patent No. 12215817 For Innovative InfraShield Joint System

Northland Capital Markets analyst Ted Jackson maintains Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) with a Market Perform and raises the price target from $50 to $55.

Price Target

Northland Capital Markets Maintains Market Perform on Northwest Pipe, Raises Price Target to $55

Northland Capital Markets analyst Ted Jackson downgrades Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) from Outperform to Market Perform and maintains the price target from $50 to $50.

Downgrades

Northland Capital Markets Downgrades Northwest Pipe to Market Perform, Maintains Price Target to $50

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) reported quarterly earnings of $1.02 per share which beat the analyst consensus estimate of $0.85 by 20 percent. The company reported quarterly sales of $130.201 million which beat the analyst consensus estimate of $127.191 million by 2.37 percent. This is a 9.67 percent increase over sales of $118.722 million the same period last year.

Earnings Beats

Northwest Pipe Q3 2024 GAAP EPS $1.02 Beats $0.85 Estimate, Sales $130.201M Beat $127.191M Estimate

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.
Analysts estimate that Northwest Pipe will report an earnings per share (EPS) of $0.85. 
Anticipation surrounds Northwest Pipe's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Historical Earnings Performance</h3>
During the last quarter, the company reported an EPS beat by $0.19, leading to a 0.47% drop in the share price on the subsequent day.
Here's a look at Northwest Pipe's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.67</td>
<td>0.31</td>
<td>0.42</td>
<td>0.82</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.86</td>
<td>0.52</td>
<td>0.54</td>
<td>0.58</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>2.0%</td>
<td>2.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730228520_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Northwest Pipe were trading at $44.84 as of October 28. Over the last 52-week period, shares are up 60.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/NWPX/earnings">To track all earnings releases for Northwest Pipe visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights Ahead: Northwest Pipe's Quarterly Earnings

Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either Norsk Hydro ASA (OTC: <a class="ticker" href="https://www.benzinga.com/stock/nhydy#OTC">NHYDY</a>) or Northwest Pipe Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwpx#NASDAQ">NWPX</a>). But which of these two stocks presents investors with the better value opportunity right now? Let&#39;s take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Norsk Hydro ASA has a Zacks Rank of #2 (Buy), while Northwest Pipe Co. has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that NHYDY has an improving earnings outlook. But this is just one piece of the puzzle for value investors.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
NHYDY currently has a forward P/E ratio of 10.48, while NWPX has a forward P/E of 15.17. We also note that NHYDY has a PEG ratio of 0.20. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock&#39;s expected earnings growth rate. NWPX currently has a PEG ratio of 3.03.
Another notable valuation metric for NHYDY is its P/B ratio of 1.17. The P/B ratio pits a stock&#39;s market value against its book value, which is defined as total assets minus total liabilities. For comparison, NWPX has a P/B of 1.27.
Based on these metrics and many more, NHYDY holds a Value grade of A, while NWPX has a Value grade of C.
NHYDY stands above NWPX thanks to its solid earnings outlook, and based on these valuation figures, we also feel that NHYDY is the superior value option right now.
<a href="https://www.zacks.com/stock/news/2359795/nhydy-or-nwpx-which-is-the-better-value-stock-right-now?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_3-2359795">To read this article on Zacks.com click here.</a>

U.S. stock markets suffered a bloody blow in the first week of August. Wall Street&#39;s turmoil was triggered by weak labor market data, which heightened concerns of a near-term recession. The massive unwinding of Yen-carry trade due to an unexpected rate hike by the Bank of Japan aggravated the situation.
However, U.S. stock markets recovered their lost ground to a great extent within the next 3-4 trading sessions as more released data showed that the fundamentals of the U.S. economy remain firm. Market participants started to buy on the dip.
Consequently, a few stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. Such stocks have a high chance of carrying the momentum forward.
If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational.
However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy.
Here&#39;s how you should create the screen to shortlist the current as well as the potential winners.
<h2>Screening Parameters:</h2>
Percentage Change in Price (4 Weeks) greater than zero: This criterion shows that the stock has moved higher in the last four weeks.
Percentage Change Price (12 Weeks) greater than 10: This indicates that the stock has seen momentum over the last three months. This lowers the risk of choosing stocks that may have drawn attention due to the overwhelming performance of the overall market in a very short period.
Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance.
Average Broker Rating 1: This indicates that brokers are also highly hopeful about the stock&#39;s future performance.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Current Price/ 52-Week High-Low Range more than 85%: This criterion filters stocks that are trading near their respective 52-week highs. It indicates that these are strong enough in terms of price.
Just these few criteria narrowed down the search from over 7,700 stocks to seven.
Let&#39;s discuss five out of these seven stocks:
Climb Global Solutions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clmb#NASDAQ">CLMB</a>) operates as a value-added information technology distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. CLMB operates in two segments, Distribution and Solutions. CLMB markets its products through its own web sites, local and on-line seminars, events, webinars, and social media, as well as direct email and printed materials.
CLMB distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions, and provides cloud solutions and resells software, hardware, and services under the name Grey Matter.
The stock price of Climb Global Solutions has soared 55.2% in the past four weeks. The company has expected earnings growth of 7.4% for the current year. The Zacks Consensus Estimate for the current year has improved 0.001% over the last 60 days.
EZCORP Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ezpw#NASDAQ">EZPW</a>) is engaged in establishing, acquiring, and operating pawnshops that function as convenient sources of consumer credit and value-oriented specialty retailers of primarily previously owned merchandise. Through its lending function, EZPW makes relatively small, non-recourse loans secured by pledges of tangible personal property. EZPW contracts for a pawn service charge to compensate it for each pawn loan.
The stock price of EZCORP has climbed 15.3% in the past four weeks. It has an expected earnings growth rate of 22.8% for the current year (ending September 2024). The Zacks Consensus Estimate for current-year earnings has improved 0.2% over the last 30 days.
Willdan Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wldn#NASDAQ">WLDN</a>) is a provider of professional technical and consulting services to utilities, private industry and public agencies at all levels of government. WLDN enables its clients to realize cost and energy savings by providing a wide range of specialized services.&nbsp;
WLDN assists its clients with a broad range of complementary services relating to: Energy Efficiency and Sustainability, Engineering and Planning, Economic and Financial Consulting, and National Preparedness and Interoperability.
The stock price of Willdan Group has surged 12.1% in the past four weeks. It has an expected earnings growth rate of 12.6% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 5.9% over the last 30 days.
Northwest Pipe Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwpx#NASDAQ">NWPX</a>) manufactures welded steel pipe in two business segments. In Water Transmission business, NWPX is a supplier of large diameter, high-pressure steel pipe used primarily for water transmission. In Tubular Products business, NWPX manufacture smaller diameter, electric resistance welded steel pipe for use in a wide range of construction, agricultural, energy and industrial applications.
The stock price of Northwest Pipe has appreciated 10.4% in the past four weeks. It has an expected earnings growth rate of 41.6% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 20.3% over the last 30 days.
Interface Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tile#NASDAQ">TILE</a>) designs, produces, and sells modular carpet products primarily worldwide. TILE operates in two segments, Americas, and Europe, Africa, Asia and Australia. TILE offers modular carpets under the Interface and FLOR brand names, luxury vinyl tiles, carpet tiles under the CQuestGB name for use in commercial interiors, include offices, healthcare facilities, airports, educational and other institutions, hospitality spaces, and retail facilities, as well as residential interiors; and modular resilient flooring products.&nbsp;
TILE also provides carpet replacement, installation, and maintenance services; and rubber flooring under the norament and noraplan brand names, as well as produces and sells an adapted version of its carpet tile for the healthcare facilities market.
The stock price of Interface has advanced 10.1% in the past four weeks. It has an expected earnings growth rate of 28% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 8.5% over the last 30 days.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
<a href="https://www.zacks.com/stock/news/2322398/5-stocks-with-recent-price-strength-in-an-uncertain-market?cid=CS-BENZ-FT-analyst_blog|rw-2322398">To read this article on Zacks.com click here.</a>

TriMas Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trs#NASDAQ">TRS</a>) reported second-quarter 2024 adjusted earnings per share of 43 cents (including non-cash compensation expenses), which missed the Zacks Consensus Estimate of 53 cents. The bottom line declined 23.2% from the prior-year quarter.
Including the impacts of one-time items, the company reported an EPS of 27 cents compared with the year-ago quarter&#39;s 26 cents.
The company&#39;s revenues increased 3.1% year over year to $241 million. Organic sales growth in packaging and aerospace product lines helped offset lower market demand for products used in some industrial, and oil and gas applications in the Specialty Products segment. The top line beat the Zacks Consensus Estimate of $232 million.
Overall, organic sales improved 2.8% in the quarter. Contribution from acquisitions to sales was 0.6% in the quarter.
<div class="chart_embed">
<h3>TriMas Corporation Price, Consensus and EPS Surprise</h3>
<h3><img alt="TriMas Corporation Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/60/1722605980.png" style="height:285px; width:620px" title="" /></h3>
TriMas Corporation price-consensus-eps-surprise-chart | TriMas Corporation Quote
</div>
<h3>Costs &amp; Margins</h3>
The cost of sales rose 4.4% year over year to $186.5 million in the reported quarter. Gross profit declined 1% year over year to $54 million. The gross margin was 22.5% compared with 23.4% in the prior-year quarter.
Selling, general and administrative expenses rose 4.9% year over year to $36 million. Adjusted operating profit declined 24% year over year to $21 million. The adjusted operating margin contracted to 8.6% from the prior-year quarter&#39;s 11.8%.
<h3>Segment Performances</h3>
Packaging: Net sales came in at $132 million compared with the year-ago quarter&#39;s $117 million. The upside was driven by organic growth within the personal care, beauty and industrial end markets.
The revenue figure was higher than our estimate of $126 million. Organic sales rose 13% year over year. Adjusted operating profit plunged 15.9% year over year to $18.5 million in the reported quarter. We had projected the segment&#39;s adjusted operating profit at $22 million.
Aerospace: Net sales increased 30% year over year to $78 million, attributed to increased production efficiencies and commercial actions. The figure surpassed our estimate of $67 million. Organic sales rose 27.6%.
The segment reported an adjusted operating profit of $10.5 million, marking a substantial jump from the year-ago quarter&#39;s $3.7 million, driven by the company&#39;s operational excellence initiatives and higher conversion rates. We had projected the segment&#39;s adjusted operating profit at $7.5 million.
Specialty Products: The segment&#39;s revenues decreased 45% year over year to $31 million due to lower demand. Revenues were lower than our estimate of $39 million. Operating profit fell 95.2% year over year to $0.58 million.
<h3>Financial Performance</h3>
In the first six months of 2024, TriMas repurchased approximately 671,937 of its outstanding common stock for $16.9 million. The company generated $18.4 million of adjusted cash flow from operations in the quarter under review compared with $16.5 million in the prior-year quarter.
TRS ended the quarter with $35 million of cash on hand compared to $34.8 million reported at the end of 2023. The company had $232.5 million of cash and available borrowing capacity under its revolving credit facility. As of Jun 30, 2024, the total debt was $427 million compared with $396 million as of Dec 31, 2023.
<h3>2024 Guidance</h3>
TriMas lowered its guidance for 2024, anticipating a decline in sales in the Specialty Products segment. The company expects an adjusted EPS of $1.70-$1.90, down from the previously stated $1.95 to $2.15.
<h3>Price Performance</h3>
TRS shares have declined 5.5% in the past year against the industry&#39;s 24.8% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/20/73219.jpg?v=891218608" />
Image Source: Zacks Investment Research
<h3>Zacks Rank</h3>
TriMas carries a Zacks Rank #2 (Buy) at present.
<h3>Peer Performances</h3>
The Timken Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tkr#NYSE">TKR</a>) reported an adjusted EPS of $1.63 in second-quarter 2024, beating the Zacks Consensus Estimate of $1.60. The bottom line declined 19% year over year from $2.01 in the year-ago quarter.
Timken&#39;s revenues in the quarter were $1.18 billion, down 7.1% from the year-ago quarter. The figure was in line with the consensus estimate.
Kaiser Aluminum (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kalu#NASDAQ">KALU</a>) reported second-quarter adjusted EPS of 65 cents, which missed the Zacks Consensus Estimate of 94 cents. The bottom-line figure fell 48% from the year-ago quarter.
Net sales of KALU declined 5% year over year to $773 million and missed the consensus estimate of $793 million.&nbsp;
Northwest Pipe Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwpx#NASDAQ">NWPX</a>) came out with second-quarter earnings of 86 cents per share, beating the Zacks Consensus Estimate of 67 cents per share. This compares with earnings of 74 cents per share a year ago.&nbsp;
Northwest Pipe posted revenues of $129 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate of $120 million. The top line increased 12.1% year over year.
<a href="https://www.zacks.com/stock/news/2315558/trimas-trs-q2-earnings-miss-estimates-revenues-rise-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2315558">To read this article on Zacks.com click here.</a>

Northland Capital Markets analyst Ted Jackson maintains Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) with a Outperform and raises the price target from $40 to $50.

Northland Capital Markets Maintains Outperform on Northwest Pipe, Raises Price Target to $50

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $0.67 by 28.36 percent. The company reported quarterly sales of $129.505 million which beat the analyst consensus estimate of $119.170 million by 8.67 percent. This is a 11.29 percent increase over sales of $116.372 million the same period last year.

Northwest Pipe Q2 2024 GAAP EPS $0.86 Beats $0.67 Estimate, Sales $129.505M Beat $119.170M Estimate

SiteOne Landscape (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/site#NYSE">SITE</a>) has acquired Cohen &amp; Cohen Natural Stone, thus expanding its capacity to provide a full range of hardscape products and landscape supplies to its customers in eastern Canada. 
Cohen and Cohen Natural Stone provides a range of natural stone, concrete, masonry and landscape accessories. It has one location in Ottawa, Canada and is an authorized dealer for brands such as Unilock, Best Way Stone, Porcea Stone and Banas Stone. Cohen and Cohen also provides in-house fabrication services, such as ripping, cutting and coring, to ensure that every piece of stone is tailor-made to the client&#39;s specific requirements. 
This is the fourth acquisition for SiteOne Landscape so far in 2024. Earlier this month, the company announced the acquisition of AC Florida Pavers, LLC, which operates under the trade name Hardscape.com. This buyout will expand SITE&#39;s ability to provide hardscape products to its Florida customers and is a significant addition to its existing premium hardscapes offerings nationally. 
On Apr 29, 2024, SiteOne Landscape announced the acquisition of Eggemeyer, a wholesale distributor of bulk landscape supplies.&nbsp; It caters to the greater central and south Texas market from a location in New Braunfels, TX. This addition strengthens SITE&#39;s position as the leading bulk landscape distributor in the rapidly growing central Texas region.
On Apr 30, the company announced that it purchased a majority stake in Devil Mountain Wholesale Nursery, LLC (Devil Mountain), with the option to purchase the remaining interest in future years. Devil Mountain is the largest wholesale distributor of landscape trees and plants in California. It has eight wholesale nursery distribution branches and six growing facilities across the state.
In addition to the 11 acquisitions completed in 2023, the company&#39;s recent buyouts reflect its ongoing expansion strategy to broaden its presence across various markets.
As of the end of the first quarter, SiteOne Landscape had more than 690 branches and four distribution centers covering 45 U.S. states and six Canadian provinces. Despite being the industry leader and three times larger than its closest competitor, SITE currently holds only a 17% share of the $25 billion wholesale landscaping products distribution market. Backed by its solid acquisition pipeline and strong balance sheet, the company has the potential to capture a larger share of the market.
In the first quarter, the company&#39;s net sales increased 8% year over year to $904.8 million. Organic daily sales increased 1% compared with the prior-year quarter due to solid demand. However, pricing declined 4% as double-digit deflation in commodity products like fertilizer, seed and PVC pipe more than offset modest cost increases in other product lines. SiteOne Landscape reported a loss of 43 cents per share against a loss of 10 cents in the year-ago quarter as higher net sales were offset by a lower gross margin and increased SG&amp;A expense.&nbsp; 
SiteOne Landscape anticipates prices to be down approximately 2% in 2024. However, improved volumes will reflect solid end-market demand. The company thus expects organic daily sales growth in the low single digits. SITE expects EBITDA margins to improve aided by operational initiatives, SG&amp;A management and contribution from acquisitions. Adjusted EBITDA is expected to be in the range of $420 - $455 million.
<h3>Price Performance</h3>
Shares of SiteOne Landscape have lost 14.9% over the past year compared with the industry&#39;s 11.3% decline.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c6/68534.jpg?v=287687697" /> 
Image Source: Zacks Investment Research
<h3>Zacks Rank &amp; Stocks to Consider</h3>
SiteOne Landscape currently carries a Zacks Rank #3 (Hold). 
Some better-ranked stocks from the Industrial Products sector are Kaiser Aluminum (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kalu#NASDAQ">KALU</a>), Northwest Pipe Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwpx#NASDAQ">NWPX</a>) and Zebra Technologies (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zbra#NASDAQ">ZBRA</a>). Each of these stocks sports a Zacks Rank #1 (Strong Buy).
The Zacks Consensus Estimate for Kaiser Aluminium&#39;s 2024 earnings is pegged at $4.12 per share, which indicates year-over-year growth of 50.4%. The consensus estimate for earnings has gone up 15% in the past 60 days. The company has a trailing four-quarter average earnings surprise of 137%. KALU shares have gained 32.8% in the past year.
Northwest Pipe has an average trailing four-quarter earnings surprise of 11.48%. The Zacks Consensus Estimate for NWPX&#39;s 2024 earnings is pinned at $2.46 per share, which indicates year-over-year growth of 17.7%. Estimates have moved 6% north in the past 60 days. The company&#39;s shares have gained 11% in the past year.
The Zacks Consensus Estimate for Zebra Technologies&#39; 2024 earnings is pegged at $12.11 per share. The consensus estimate for earnings has moved up by 9% in the past 60 days. The estimate indicates year-over-year growth of 23%. The company has a trailing four-quarter average earnings surprise of 8.56%. ZBRA shares have gained 8% in the past year.
<a href="https://www.zacks.com/stock/news/2286420/siteone-landscape-site-buys-cohen-cohen-expands-in-canada?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2286420">To read this article on Zacks.com click here.</a>

SITE

ZBRA

SiteOne Landscape Buys Cohen & Cohen, Expands in Canada

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.31 by 67.74 percent. This is a 126.09 percent increase over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $113.22 million which beat the analyst consensus estimate of $103.34 million by 9.56 percent. This is a 14.25 percent increase over sales of $99.10 million the same period last year.

Northwest Pipe Q1 EPS $0.52 Beats $0.31 Estimate, Sales $113.22M Beat $103.34M Estimate

DA Davidson analyst Brent Thielman maintains Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) with a Buy and raises the price target from $37 to $40.

DA Davidson Maintains Buy on Northwest Pipe, Raises Price Target to $40

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) reported quarterly earnings of $0.540 per share which beat the analyst consensus estimate of $0.420 by 28.57 percent. The company reported quarterly sales of $110.164 million which beat the analyst consensus estimate of $107.350 million by 2.62 percent. This is a 3.12 percent increase over sales of $106.828 million the same period last year.

Northwest Pipe Q4 2023 GAAP EPS $0.540 Beats $0.420 Estimate, Sales $110.164M Beat $107.350M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Sohu.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHU#NASDAQ">SOHU</a>) is estimated to report earnings for its fourth quarter.
&bull; Avadel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVDL#NASDAQ">AVDL</a>) is projected to report quarterly loss at $0.29 per share on revenue of $18.11 million.
&bull; LENSAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNSR#NASDAQ">LNSR</a>) is expected to report quarterly loss at $0.22 per share on revenue of $12.00 million.
&bull; Sea (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SE#NYSE">SE</a>) is projected to report quarterly loss at $0.27 per share on revenue of $3.53 billion.
&bull; Global Ship Lease (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) is estimated to report quarterly earnings at $2.35 per share on revenue of $172.02 million.
&bull; Modiv Industrial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDV#NYSE">MDV</a>) is likely to report earnings for its fourth quarter.
&bull; GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) is estimated to report earnings for its fourth quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Nektar Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTR#NASDAQ">NKTR</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $18.05 million.
&bull; Ekso Bionics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EKSO#NASDAQ">EKSO</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $4.77 million.
&bull; ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WISH#NASDAQ">WISH</a>) is likely to report quarterly loss at $2.66 per share on revenue of $53.06 million.
&bull; Stellus Cap Investment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCM#NYSE">SCM</a>) is expected to report quarterly earnings at $0.45 per share on revenue of $27.41 million.
&bull; Crawford &amp; Company Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRD#NYSE">CRD</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $317.48 million.
&bull; Eos Energy Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>) is likely to report quarterly loss at $0.25 per share on revenue of $9.00 million.
&bull; Southland Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SLND#AMEX">SLND</a>) is expected to report quarterly earnings at $0.02 per share on revenue of $274.41 million.
&bull; Commercial Vehicle Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGI#NASDAQ">CVGI</a>) is likely to report quarterly earnings at $0.14 per share on revenue of $226.24 million.
&bull; Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) is estimated to report quarterly earnings at $0.07 per share on revenue of $157.42 million.
&bull; Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) is likely to report quarterly earnings at $0.42 per share on revenue of $107.35 million.
&bull; Crescent Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRGY#NYSE">CRGY</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $607.02 million.
&bull; Stitch Fix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) is estimated to report quarterly loss at $0.20 per share on revenue of $330.85 million.
&bull; Stereotaxis (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/STXS#AMEX">STXS</a>) is expected to report quarterly loss at $0.07 per share on revenue of $7.70 million.
&bull; SEMrush Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $83.11 million.
&bull; Akoya Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKYA#NASDAQ">AKYA</a>) is expected to report quarterly loss at $0.27 per share on revenue of $25.89 million.
&bull; ThredUp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDUP#NASDAQ">TDUP</a>) is likely to report quarterly loss at $0.13 per share on revenue of $80.33 million.
&bull; AeroVironment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) is estimated to report quarterly earnings at $0.33 per share on revenue of $170.62 million.
&bull; Cara Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARA#NASDAQ">CARA</a>) is estimated to report quarterly loss at $0.41 per share on revenue of $9.42 million.
&bull; GitLab (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) is expected to report quarterly earnings at $0.08 per share on revenue of $158.21 million.
&bull; Viant Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSP#NASDAQ">DSP</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $65.92 million.
&bull; Vicarious Surgical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBOT#NYSE">RBOT</a>) is expected to report earnings for its fourth quarter.
&bull; Innovate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VATE#NYSE">VATE</a>) is likely to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AKYA

AVAV

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AVDL

CARA

CRGY

CVGI

EKSO

EOSE

GTLB

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SEMR

SFIX

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WISH

Earnings Scheduled For March 4, 2024

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) is set to give its latest quarterly earnings report on Monday, 2024-03-04. Here's what investors need to know before the announcement.
Analysts estimate that Northwest Pipe will report an earnings per share (EPS) of $0.42. 
Northwest Pipe bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.24, which was followed by a 0.81% increase in the share price the next day.
Here's a look at Northwest Pipe's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.82</td>
<td>0.79</td>
<td>0.36</td>
<td>0.71</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.58</td>
<td>0.74</td>
<td>0.23</td>
<td>0.85</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>-2.0%</td>
<td>-4.0%</td>
<td>-15.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1709305299_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Northwest Pipe were trading at $29.83 as of February 29. Over the last 52-week period, shares are down 25.26%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/NWPX/earnings">To track all earnings releases for Northwest Pipe visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Northwest Pipe's Earnings Outlook

Offerings

Northwest Pipe Filed For Mixed Shelf Of Up To $150M

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) reported quarterly earnings of $0.58 per share which missed the analyst consensus estimate of $0.82 by 29.27 percent. This is a 44.76 percent decrease over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $118.72 million which missed the analyst consensus estimate of $121.28 million by 2.11 percent. This is a 3.47 percent decrease over sales of $122.98 million the same period last year.

Northwest Pipe Q3 2023 EPS $0.58 Misses $0.82 Estimate, Sales $118.72M Miss $121.28M Estimate

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) reported quarterly earnings of $0.74 per share which missed the analyst consensus estimate of $0.79 by 6.33 percent. This is a 28.85 percent decrease over earnings of $1.04 per share from the same period last year. The company reported quarterly sales of $116.37 million which beat the analyst consensus estimate of $113.12 million by 2.87 percent. This is a 1.81 percent decrease over sales of $118.52 million the same period last year.

Northwest Pipe Q2 EPS $0.74 Misses $0.79 Estimate, Sales $116.37M Beat $113.12M Estimate

Northwest Pipe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWPX#NASDAQ">NWPX</a>) reported quarterly earnings of $0.23 per share which missed the analyst consensus estimate of $0.36 by 36.11 percent. This is a 45.24 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $99.10 million which beat the analyst consensus estimate of $98.93 million by 0.17 percent. This is a 9.36 percent decrease over sales of $109.33 million the same period last year.

Northwest Pipe Q1 EPS $0.23 Misses $0.36 Estimate, Sales $99.10M Beat $98.93M Estimate

Commodities

Press Releases

Northwest Pipe Company Announces Fourth Quarter and Full Year 2023 Financial Results

Northwest Pipe Company to Release First Quarter 2024 Financial Results on May 1st

Northwest Pipe Company Announces First Quarter 2024 Financial Results

Northwest Pipe Company to Release Second Quarter 2024 Financial Results on July 31st

Northwest Pipe Company Announces Second Quarter 2024 Financial Results

Northwest Pipe Company to Release Third Quarter 2024 Financial Results on October 30th

Northwest Pipe Company Announces Third Quarter 2024 Financial Results

Northwest Pipe Company to Release Fourth Quarter and Full Year 2024 Financial Results on February 26

Northwest Pipe Company Receives U.S. Patent for Innovative InfraShield® Joint System

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Bowman Consulting Group

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