Northwest Pipe (NASDAQ:NWPX) Full Year 2024 Results
Key Financial Results
- Revenue: US$492.5m (up 11% from FY 2023).
- Net income: US$34.2m (up 62% from FY 2023).
- Profit margin: 6.9% (up from 4.7% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: US$3.45 (up from US$2.11 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Northwest Pipe EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Construction industry in the US.
Performance of the American Construction industry.
The company's shares are down 14% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Northwest Pipe, and understanding this should be part of your investment process.
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