Northwest Pipe Q3 2023 EPS $0.58 Misses $0.82 Estimate, Sales $118.72M Miss $121.28M Estimate
Portfolio Pulse from totan@benzinga.com
Northwest Pipe (NASDAQ:NWPX) reported Q3 2023 earnings of $0.58 per share, missing the analyst consensus estimate of $0.82 by 29.27%. This is a 44.76% decrease from the same period last year. The company also reported quarterly sales of $118.72 million, missing the analyst consensus estimate of $121.28 million by 2.11%, a 3.47% decrease from the same period last year.
November 02, 2023 | 9:26 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Northwest Pipe's Q3 2023 earnings and sales missed estimates, indicating a potential negative impact on the company's stock in the short term.
Northwest Pipe reported lower than expected earnings and sales for Q3 2023. This underperformance is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100