Overview
NWPX Q3 2025 sales rose 16% yr/yr to $151.1 mln, beating analyst expectations
Net income for Q3 2025 was $13.5 mln, marking a historical high for the company
Company repurchased $15.8 mln of common stock, representing 3.8% of shares outstanding
Outlook
Company expects WTS revenue and margins to be comparable to last year's levels
Precast revenue and margins expected to show modest year-over-year improvement
Company anticipates strong project bidding in Q4, leading to backlog growth
Result Drivers
WTS PERFORMANCE - Record WTS revenue and gross profit driven by stronger customer shipping requirements and favorable project pricing
PRECAST MOMENTUM - Improving momentum in non-residential Precast business expected to drive future margin improvement
BACKLOG STRENGTH - WTS backlog including confirmed orders remained above $300 mln, positioning for continued strength
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | Beat | $151.06 mln | $132 mln (3 Analysts) |
Q3 Net Income | $13.50 mln | ||
Q3 Gross Profit | $32.15 mln | ||
Q3 Operating Income | $19.03 mln | ||
Q3 Pretax Profit | $18.24 mln |
Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for NWPX Infrastructure Inc is $59.00, about 6.1% above its October 28 closing price of $55.43
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nPn1y38cda
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)