Babcock & Wilcox Enterprises Inc reports results for the quarter ended June 30 - Earnings Summary
Babcock & Wilcox Enterprises Inc reports results for the quarter ended June 30 - Earnings Summary
Babcock & Wilcox Enterprises Inc BW.N reported quarterly adjusted earnings of 7 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -63 cents. The mean expectation of three analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 3 cents per share.
Revenue rose 121.9% to $319.72 million from a year ago; analysts expected $196.97 million.
Babcock & Wilcox Enterprises Inc's reported EPS for the quarter was 7 cents.
The company reported quarterly net income of $10.54 million.
Babcock & Wilcox Enterprises Inc shares had fallen by 33.5% this quarter and gained 47.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 400% 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," no "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 $25.00, about 64.5% above its last closing price of $8.88
This summary was machine generated from LSEG data August 10 at 10:22 p.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 |
Jun. 30 2026 | 0.03 | 0.07 | Beat |
Mar. 31 2026 | -0.03 | 0.01 | Beat |
Dec. 31 2025 | -0.07 | 0.05 | Beat |
Sep. 30 2025 | -0.09 | 0.31 | Beat |
Recent news on Babcock & Wilcox Enterprises
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Babcock & Wilcox Enterprises Inc reports results for the quarter ended June 30 - Earnings Summary
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