Northwest Pipe Co reports results for the quarter ended March 31 - Earnings Summary

• Northwest Pipe Co NWPX reported quarterly adjusted earnings of 39 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of three analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 52 cents to 55 cents per share.

• Revenue rose 2.6% to $116.12 million from a year ago; analysts expected $111.92 million.

• Northwest Pipe Co's reported EPS for the quarter was 39 cents​.

• The company reported quarterly net income of $3.96 million.

• Northwest Pipe Co shares had risen by 3.8% this quarter and lost 11.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the iron & steel peer group is "hold."

• Wall Street's median 12-month price target for Northwest Pipe Co is $57.00

This summary was machine generated from LSEG data May 1 at 02:59 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)