Insights Ahead: Northwest Pipe's Quarterly Earnings
Insights Ahead: Northwest Pipe's Quarterly Earnings
Northwest Pipe (NASDAQ:NWPX) 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.
Historical Earnings Performance
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:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.67 | 0.31 | 0.42 | 0.82 |
EPS Actual | 0.86 | 0.52 | 0.54 | 0.58 |
Price Change % | -0.0% | 2.0% | 2.0% | 1.0% |
Stock Performance
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.
To track all earnings releases for Northwest Pipe visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.