Babcock & Wilcox Q4 revenue beats expectations on parts & services strength

Babcock & Wilcox Enterprises

04/03/2026 11:40

Overview

Energy services firm's Q4 revenue beats analyst expectations

Adjusted EBITDA from cont ops for Q4 increased 53% yr/yr, driven by strategic advancements

Company signed $2.4 bln AI data center project

Outlook

Company sees strong demand for AI data center power solutions

Babcock & Wilcox's global pipeline exceeds $12 bln in project opportunities, driven by power demand

Company expects continued growth in coal power generation demand

Result Drivers

COAL GENERATION USAGE - Increased coal generation usage and higher baseload demand in North America boosted parts & services revenues by 17%

DEBT REDUCTION - Company significantly reduced debt, resulting in net debt of $119.7 mln

Company press release: ID:nBw1hBfSsa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$161 mln
$155.60 mln (4 Analysts)
Q4 EPS from cont ops
-$0.05
Q4 Net Income
$9.20 mln
Q4 Operating Income
$12.20 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Babcock & Wilcox Enterprises Inc is $9.50, about 17.3% above its March 3 closing price of $8.10

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)