Babcock & Wilcox Enterprises, Inc. (NYSE:BW) will release its fourth-quarter financial results after the closing bell on Monday, March 31.
Analysts expect the Akron, Ohio-based company to report quarterly loss at 5 cents per share, versus a year-ago loss of 18 cents per share. Babcock & Wilcox projects quarterly revenue of $213.07 million, compared to $227.2 million a year earlier, according to data from Benzinga Pro.
On Feb. 6, Babcock & Wilcox’s Babcock & Wilcox construction subsidiary was awarded $35 million in contracts for maintenance and service work at power plants and industrial facilities in North America.
Babcock & Wilcox shares dipped 7.6% to close at $0.74 on Thursday.
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