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

BWX Technologies

05/08/2024 23:37

* BWX Technologies Inc  BWXT.N  reported quarterly adjusted
earnings of 82 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 65 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 75 cents per share. Wall
Street expected results to range from 70 cents to 77 cents per
share.
    * Revenue rose 11.3% to $681.47 million from a year ago;
analysts
expected $639.31 million. 
    * BWX Technologies Inc's reported EPS for the quarter was 79
cents​.
    * The company reported quarterly net income of $72.97
million.
    * BWX Technologies Inc shares had fallen by 0.6% this
quarter and
gained 23.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and 1 "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 $112.00 
This summary was machine generated from LSEG data August 5 at
10:37 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 2024      0.75           0.82           Beat
 Mar. 31 2024      0.69           0.76           Beat
 Dec. 31 2023      0.93           1.01           Beat
 Sep. 30 2023      0.63           0.67           Beat