Northwest Pipe's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Northwest Pipe (NASDAQ:NWPX) is scheduled to release its quarterly earnings report on Monday, 2024-03-04, with analysts expecting an EPS of $0.42. The company's past earnings performance shows a mix of misses and beats against EPS estimates, with the share price reacting variably. Shares are currently trading at $29.83, marking a 25.26% decline over the last 52 weeks. Investors are keenly awaiting the report and particularly the company's guidance for future growth.
March 01, 2024 | 3:01 pm
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Northwest Pipe is expected to report an EPS of $0.42 for the latest quarter. Past performance shows variability in meeting EPS estimates, affecting stock price movements. Currently, shares are down 25.26% over the last year.
The expected EPS of $0.42 sets a benchmark for Northwest Pipe's performance. Given the historical impact of earnings reports on NWPX's stock price, the upcoming report could sway the stock in either direction. However, the 25.26% decline over the past year indicates a bearish trend, suggesting that investor sentiment may already be low. The company's guidance for future growth will be crucial in determining short-term stock movement.
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