NYSE$NPK

National Presto Industries Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Announced second quarter 2023 sales and earnings.

National Presto Industries reported its second quarter 2023 results, with the Defense segment experiencing sales growth while the Housewares/Small Appliances segment saw a decline. The Defense segment's operating earnings decreased, while the Housewares/Small Appliance segment's operating profit increased.

  • Defense segment sales increased by $7.6 million, or 14.5%, compared to the same quarter in 2022.
  • Housewares/Small Appliances segment sales decreased by $5.9 million, or 23.8%, compared to the prior year.
  • The Defense segment’s operating earnings declined $1.48 million or 17.2% from second quarter 2022.
  • Housewares/Small Appliance segment’s operating profit increased $245 thousand or 40% over the prior year.

Headline financials

Total Revenue

$78.9M

Previous: $77.1M+2.3%
EPS (adj)

$0.77

Previous: $0.94-18.1%
Capital Expenditures

-$928K

Previous: -$302K-207.3%
Free Cash Flow

$4.58M

Previous: $6.38M-28.3%
Net Income

$5.5M

Previous: $6.68M-17.7%
Operating Income

$5.25M

Previous: $7.86M-33.2%
Gross Profit

$13.4M

Previous: $15M-11.0%
Cash & Equivalents

$73.4M

Previous: $67.1M+9.4%
Total Assets

$402M

Previous: $394M+2.0%

Revenue & EPS history

National Presto · Revenue · Quarterly

$78.9M

Q2 2023+2.3%vs Q2 2022

Revenue by segment

National Presto · $59.8M total across 1 segment · Q2 2023

  • Defense
    $59.8M+14.6%

Forward guidance

Forward looking statements are subject to risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+0.5%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-0.3%

Avg return

30 days after

61%

33 / 54 earnings

Positive

+4.5%

Q1 2014

Best reaction

-4.1%

Q1 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%+4.0%-5.7%
Q4 2025+3.0%+1.6%-0.1%
Q3 2025+1.3%-1.8%-13.9%
Q2 2025+0.7%-1.4%+10.1%
Q1 2025-0.4%-3.9%+7.1%
Q4 2024+0.1%+2.6%-8.9%
Q3 2024+3.9%+2.3%+17.6%
Q2 2024-1.2%-2.1%-4.8%
Q1 2024-0.7%+0.9%+4.3%
Q4 2023+2.4%+2.1%-3.0%
Q3 2023+2.0%-0.0%+3.4%
Q2 2023+2.7%+3.5%-4.5%
Q1 2023+1.7%+4.9%+14.7%
Q4 2022+1.4%+2.0%-0.7%
Q3 2022+1.4%-0.3%+0.9%
Q2 2022+4.2%+4.2%-10.2%
Q1 2022+1.5%+1.5%-4.6%
Q4 2021+0.7%-2.4%-2.7%
Q3 2021+0.9%-0.7%-5.7%
Q2 2021-3.4%-5.7%-10.3%
Q1 2021-2.9%-3.2%-4.9%
Q4 2020-2.5%-2.6%+2.4%
Q3 2020+1.8%+2.7%+7.5%
Q2 2020+0.0%+3.3%-0.3%
Q1 2020+0.8%+8.5%+1.3%
Q3 2019-0.1%-0.7%-0.6%
Q2 2019+0.8%+0.1%-1.6%
Q1 2019-0.2%-6.4%-13.2%
Q3 2018+0.5%-3.3%-8.8%
Q2 2018-0.7%+7.5%+3.5%
Q1 2018+1.3%+9.0%+21.1%
Q3 2015-0.5%
Q1 2015+4.4%
Q4 2014+0.6%
Q3 2014-1.6%
Q2 2014+2.5%
Q1 2014+4.5%
Q4 2013+2.5%
Q3 2013-0.3%
Q2 2013-2.5%
Q1 2013-1.0%
Q4 2012-0.4%
Q3 2012-0.2%
Q2 2012+1.3%
Q1 2011-4.1%
Q1 2012-0.2%
Q4 2011+0.1%
Q3 2011-1.0%
Q3 2010-1.0%
Q4 2009+1.2%
Q2 2011+1.2%
Q2 2010+1.2%
Q4 2010+1.2%
Q1 2010+0.3%

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