NYSE$NPK

National Presto Industries Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

National Presto Industries, Inc. reported increased sales and earnings in 2023.

National Presto Industries, Inc. reported increased 2023 sales and earnings, with net consolidated sales increasing by $19.3 million or 6.0% to $340.9 million. Earnings were up $13.9 million or 67% to $34.6 million ($4.86 per share). The revenue increase was largely driven by the Defense segment.

  • Net consolidated sales increased by $19.3 million or 6.0% to $340.9 million.
  • Earnings increased by $13.9 million or 67% to $34.6 million ($4.86 per share).
  • Defense segment sales increased by $39.2 million or 19.4%.
  • Housewares/Small Appliance segment revenues decreased by $20.7 million or 17.5%.

Headline financials

Total Revenue

$98.4M

Previous: $114M-13.7%
EPS (adj)

$1.85

Previous: $0.30+516.7%
Capital Expenditures

$147K

Previous: $508K-71.1%
Net Income

$34.6M

Previous: $20.7M+67.1%
Operating Income

$13.3M

Previous: $683K+1846.6%
Gross Profit

$20.7M

Previous: $13.3M+55.1%

Revenue & EPS history

National Presto · Revenue · Quarterly

$98.4M

Q4 2023-13.7%vs Q4 2022

Revenue by segment

National Presto · $119M total across 3 segments · Q1 2026

  • Defense
    $99.6M
  • Housewares/Small Appliances
    $18.5M
  • Safety
    $579K

Forward guidance

The Company also announced two recent Defense Segment awards totaling $44.2 million for 40mm cartridges in support of Ukraine and warheads for the Small Diameter Bomb program. Completion of both awards is scheduled to occur in 2024.

Tailwinds

  • Two recent Defense Segment awards totaling $44.2 million
  • Awards for 40mm cartridges in support of Ukraine
  • Awards for warheads for the Small Diameter Bomb program
  • Completion of both awards is scheduled to occur in 2024
  • The 2024 dividend consists of the regular dividend of $1.00 per share, plus an extra of $3.50.

Headwinds

  • forward looking statements are subject to certain risks and uncertainties
  • actual results could differ materially from historical results
  • risk factors are delineated in the Company’s various SEC filings
  • Lower seasonal sales also played a major part.
  • Difficulties in securing employees with the requisite technical skills and the need to meet new regulatory standards delayed the introduction of new products.

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 Q4 2023

Historical avgQ4 2023

+0.5%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-0.2%

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%
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%
Q2 2011+1.2%
Q2 2010+1.2%
Q4 2009+1.2%
Q4 2010+1.2%
Q1 2010+0.3%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro