BWX Technologies Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
05 Nov 2024

* BWX Technologies Inc reported quarterly adjusted earnings of 83 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of nine analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 71 cents to 81 cents per share.

* Revenue rose 13.9% to $671.96 million from a year ago; analysts expected $658.54 million.

* BWX Technologies Inc's reported EPS for the quarter was 76 cents​.

* The company reported quarterly net income of $69.48 million.

* BWX Technologies Inc shares had risen by 10.1% this quarter and gained 56.0% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

* The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for BWX Technologies Inc is $113.00 This summary was machine generated from LSEG data November 5 at 07:50 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.78 0.83 Beat

Jun. 30 2024 0.75 0.82 Beat

Mar. 31 2024 0.69 0.76 Beat

Dec. 31 2023 0.93 1.01 Beat

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