NASDAQ$NWPX
Northwest Pipe Company · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Announced third quarter 2022 financial results.
Northwest Pipe Company reported a strong third quarter with net sales increasing by 45.3% to $123.0 million and gross profit increasing by 103.2% to $25.1 million compared to the same period last year. Net income was $10.0 million, or $0.99 per diluted share, while adjusted net income was $10.5 million, or $1.05 per diluted share.
- Net sales increased 45.3% year-over-year to $123.0 million.
- Gross profit increased 103.2% year-over-year to $25.1 million.
- Net income was $0.99 per diluted share; adjusted net income was $1.05 per diluted share.
- Backlog of $295 million; backlog including confirmed orders of $347 million for the Engineered Steel Pressure Pipe segment, a new quarterly record.
Headline financials
Revenue & EPS history
Northwest Pipe · Revenue · Quarterly
$123M
Revenue by segment
Northwest Pipe · $39.3M total across 1 segment · Q3 2022
- Precast Infrastructure$39.3M—100.0%
Forward guidance
The Company expects fourth quarter SPP revenue to be modestly lower and gross margins that are in-line with the third quarter of 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.7%
Avg return
Earnings day
+3.3%
Avg return
5 days after
+5.4%
Avg return
30 days after
48%
31 / 64 earnings
Positive
+15.4%
Q3 2021
Best reaction
-19.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +14.3% | +29.5% | +37.1% | |
| Q4 2025 | +10.2% | +9.4% | +3.4% | |
| Q3 2025 | +1.6% | +14.4% | +5.3% | |
| Q1 2025 | -6.2% | -11.0% | -8.8% | |
| Q4 2024 | -10.7% | -13.9% | -13.5% | |
| Q3 2024 | -0.7% | +4.5% | +24.0% | |
| Q2 2024 | +1.6% | +4.4% | +17.7% | |
| Q1 2024 | +2.0% | +5.6% | +12.1% | |
| Q4 2023 | -0.8% | +13.6% | +16.6% | |
| Q3 2023 | +1.2% | -7.0% | -2.6% | |
| Q2 2023 | -2.0% | +0.1% | +2.1% | |
| Q1 2023 | -3.3% | -4.5% | +1.4% | |
| Q4 2022 | -19.5% | -18.1% | -24.5% | |
| Q3 2022 | -5.2% | -2.2% | +4.7% | |
| Q2 2022 | +7.9% | +11.2% | +13.3% | |
| Q1 2022 | +1.7% | +7.5% | +27.1% | |
| Q4 2021 | +1.0% | -3.1% | -7.1% | |
| Q3 2021 | +15.4% | +19.7% | +19.9% | |
| Q2 2021 | -1.1% | -4.5% | -8.7% | |
| Q1 2021 | -1.8% | -2.6% | -5.1% | |
| Q4 2020 | -5.7% | -3.4% | -4.1% | |
| Q3 2020 | -3.0% | -4.8% | +4.1% | |
| Q2 2020 | +6.5% | +10.9% | +8.2% | |
| Q1 2020 | +1.2% | -6.3% | +20.6% | |
| Q4 2019 | -2.6% | -8.5% | -34.7% | |
| Q3 2019 | +3.0% | +9.6% | +16.0% | |
| Q2 2019 | +2.2% | +11.5% | +13.4% | |
| Q1 2019 | +4.2% | +9.7% | +2.6% | |
| Q4 2018 | +0.7% | +1.8% | +6.4% | |
| Q3 2018 | +14.1% | +26.4% | +13.7% | |
| Q2 2018 | +1.0% | +0.1% | -6.2% | |
| Q1 2018 | -3.3% | +1.2% | +8.8% | |
| Q4 2017 | +2.0% | +5.8% | -4.4% | |
| Q3 2017 | -1.8% | -1.9% | +0.4% | |
| Q2 2017 | +3.1% | +7.0% | +21.5% | |
| Q1 2017 | +2.9% | +6.2% | +5.4% | |
| Q4 2016 | +4.5% | -1.6% | -17.6% | |
| Q3 2016 | +6.4% | +4.6% | +38.4% | |
| Q2 2016 | +7.0% | +8.2% | +3.9% | |
| Q1 2016 | -6.0% | — | — | |
| Q4 2015 | -15.4% | — | — | |
| Q3 2015 | +8.5% | — | — | |
| Q2 2015 | +7.6% | — | — | |
| Q1 2015 | -5.1% | — | — | |
| Q4 2014 | -4.5% | — | — | |
| Q3 2014 | -5.0% | — | — | |
| Q2 2014 | -0.7% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -3.8% | — | — | |
| Q3 2013 | -0.7% | — | — | |
| Q2 2013 | -5.5% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | +11.9% | — | — | |
| Q3 2012 | -5.6% | — | — | |
| Q2 2012 | +5.8% | — | — | |
| Q1 2011 | -1.0% | — | — | |
| Q4 2009 | -1.0% | — | — | |
| Q3 2011 | -1.0% | — | — | |
| Q3 2010 | -1.0% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q1 2012 | -1.0% | — | — | |
| Q2 2010 | +7.4% | — | — | |
| Q2 2011 | +7.4% | — | — | |
| Q4 2010 | +7.4% | — | — |
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