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

BWX Technologies

07/05/2024 04:39

* BWX Technologies Inc  BWXT.N  reported quarterly adjusted
earnings of 76 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 70 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 69 cents per
share. Wall Street expected results to range from 62 cents to 73
cents per share.
    * Revenue rose 6.3% to $603.97 million from a year ago;
analysts
expected $599.91 million. 
    * BWX Technologies Inc's reported EPS for the quarter was 75
cents​.
    * The company reported quarterly net income of $68.47
million.
    * BWX Technologies Inc shares had fallen by 5.1% this
quarter and
gained 26.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.6%
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 5 "strong buy" or "buy," 3
"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 $108.00 
This summary was machine generated from LSEG data May 7 at 03:39
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
 Mar. 31 2024      0.69           0.76           Beat
 Dec. 31 2023      0.93           1.01           Beat
 Sep. 30 2023      0.63           0.67           Beat
 Jun. 30 2023      0.59           0.65           Beat