Babcock & Wilcox Enterprises Inc reports results for the quarter - Earnings Summary

Babcock & Wilcox Enterprises

13/11/2024 24:06

* Babcock & Wilcox Enterprises Inc  BW.N  reported quarterly
adjusted earnings of 1 cent​​ per share for the quarter , higher
than the same quarter last year, when the company reported EPS
of -18 cents.  The mean expectation of four analysts for the
quarter was for breakeven results per share. Wall Street
expected results to range from -4 cents to 2 cents per share.
    * Revenue fell 12.3% to $209.90 million from a year ago;
analysts
expected $229.73 million. 
    * Babcock & Wilcox Enterprises Inc's reported EPS for the
quarter
was a loss of 10 cents​.
    * The company reported a quarterly loss of $5.3 million.
    * Babcock & Wilcox Enterprises Inc shares had risen by 28.9%
this
quarter and gained 80.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the heavy
electrical
equipment peer group is also "buy"

Wall Street's median 12-month price target for Babcock & Wilcox
Enterprises Inc is 4.25 
This summary was machine generated from LSEG data November 13 at
12:06 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      0.00           0.01           Beat
 Jun. 30 2024      0.00           -0.20          Missed
 Mar. 31 2024      -0.13          -0.22          Missed
 Dec. 31 2023      -0.03          -0.65          Missed