NWPX Infrastructure, Inc. (NWPX)
Northwest Pipe Co. (NWPX) Tops Q2 Earnings and Revenue Estimates
Northwest Pipe Co. (NWPX) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.74 per share a year ago.
Northwest Pipe Company: Growing Demand For Water Infrastructure Due To Ageing System
Northwest Pipe Company specialises in water-related infrastructure products. It faced headwinds in 2023 due to the small bidding market and interest rate environment. The ageing US water infrastructure is in need of repairs to meet the current demand. For the next 20 years, total state needs are forecast at $625 billion. NWPX's strategically located plants in states with higher water CAPEX and wide market reach position itself well to capitalise on this growing demand for water infrastructure.
Northwest Pipe Co. (NWPX) Is a Great Choice for 'Trend' Investors, Here's Why
Northwest Pipe Co. (NWPX) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
