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Stock Market & Financial Investment News

News Breaks
November 13, 2012
08:11 EDTNWPXNorthwest Pipe shares attractive, says DA Davidson
After Northwest Pipe reported lower than expected Q3 EPS, DA Davidson lowered its estimates meaningfully but believes that the company can participate in large water projects over the next year that can be significant earnings drivers. The firm notes that the stock is trading below tangible book value and reiterates a Buy rating.
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May 6, 2013
17:18 EDTNWPXNorthwest Pipe sees Water Transmission sales lower than Q1
Scott Montross, president and CEO of the company stated, "In Q2, we anticipate that Water Transmission will have lower net sales, gross profit and gross profit as a percentage of sales compared with Q1. In Tubular Products we expect to see gross profit levels that are near breakeven as high levels of imports continue to negatively impact segment earnings for the near term."
17:16 EDTNWPXNorthwest Pipe reports Q1 EPS $1.00, consensus 33c
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