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

BWX Technologies

28/02/2024 24:17

* BWX Technologies Inc  BWXT.N  reported quarterly adjusted
earnings of $1.01​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 93 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 93 cents per
share. Wall Street expected results to range from 91 cents to 96
cents per share.
    * Revenue rose 16.2% to $725.52 million from a year ago;
analysts
expected $659.41 million. 
    * BWX Technologies Inc's reported EPS for the quarter was 72
cents​.
    * The company reported quarterly net income of $65.89
million.
    * BWX Technologies Inc shares had risen by 17.2% this
quarter.

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 6 "strong buy" or "buy," 2
"hold" and no "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 $82.00 
This summary was machine generated from LSEG data February 28 at
12:17 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
 Dec. 31 2023      0.93           1.01           Beat
 Sep. 30 2023      0.63           0.67           Beat
 Jun. 30 2023      0.59           0.65           Beat
 Mar. 31 2023      0.61           0.70           Beat