NASDAQ$NWPX
Northwest Pipe Company · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Achieved highest quarterly gross profit since 2013, with significant increases from the fourth quarter of 2018.
Northwest Pipe Company reported strong profitability and backlog for the fourth quarter of 2019. Net sales increased by 25.5% to $72.2 million, and gross profit increased by 149.4% to $16.9 million. The company's backlog, including confirmed orders, reached a new year-end record of $258 million.
- Net sales increased 25.5% to $72.2 million.
- Gross profit increased 149.4% to $16.9 million.
- Operating income increased 354.5% to $12.3 million.
- Backlog including confirmed orders of $258 million, a new year-end record for the Company.
Headline financials
Revenue & EPS history
Northwest Pipe · Revenue · Quarterly
$72.2M
Revenue by segment
Northwest Pipe · $38.2M total across 1 segment · Q3 2023
- Precast Infrastructure$38.2M-2.8%100.0%
Forward guidance
Revenue is projected to be in line with the first quarter of 2019 with gross margins that are four to five percentage points higher. The new Geneva plants are expected to add several million dollars in revenue.
Tailwinds
- Strong market conditions
- Focus on margin over volume
- Cost reduction activity
- Acquisition of Geneva Pipe and Precast opens avenues for growth
- Adding innovative products that are expected to provide organic growth opportunities
Headwinds
- First quarter to be affected by weather delays
- Jobs that are slow getting started
- Changes in demand and market prices for its products
- Price and availability of raw materials
- Operating problems at the Company’s manufacturing operations including fires, explosions, inclement weather, and natural disasters
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 Q4 2019
+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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