Northwest Pipe Company (NASDAQ:NWPX) manufacturer of engineered steel pipe water systems, is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.52 per share.
For the full year, analysts predict revenues of $ 293.46 million, while looking forward to income of $ 2.10 per share.
Previous Quarter Performance
Northwest Pipe Company revealed income for the first quarter of $ 0.33 per share, from the revenue of $ 68.92 million. The quarterly earnings expanded 50.00 percent while revenues hiked 10.03 percent compared with the same quarter last year.
According to street consensus, NWPX was expected to report 1Q20 income of $ 0.28 per share from revenue of $ 67.50 million. The bottom line results beat street analysts by $ 0.05 or 17.86 percent, at the same time, top line results outshined analysts by $ 1.42 million or 2.10 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NWPX was $ 25.33, representing a 40.41 % increase from the 52 week low of $ 18.04 and a 30.98 % decrease over the 52 week high of $ 36.70.
The company has a market capital of $ 247.93 million and is part of the Industrials sector and Metal Fabrication industry.
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Northwest Pipe Company manufactures engineered welded steel pipe water systems in North America. It produces large-diameter, high-pressure, and engineered welded steel pipeline systems for use in drinking water infrastructure; and pipes for piling and hydroelectric projects, water and wastewater treatment plants, and other applications, as well as for industrial plant piping systems and structural applications. The company sells its products primarily to public water agencies directly and installation contractors.
