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

BWX Technologies

02/11/2023 01:06

* BWX Technologies Inc  BWXT.N  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 69 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 63 cents per
share. Wall Street expected results to range from 56 cents to 71
cents per share.
    * Revenue rose 12.7% to $590.00 million from a year ago;
analysts
expected $576.38 million. 
    * BWX Technologies Inc's reported EPS for the quarter was 66
cents​.
    * The company reported quarterly net income of $60.4
million.
    * BWX Technologies Inc shares had fallen by 0.9% this
quarter and
gained 27.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $83.00 
This summary was machine generated from LSEG data November 2 at
01:06 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.63           0.67           Beat
 Jun. 30 2023      0.59           0.65           Beat
 Mar. 31 2023      0.61           0.70           Beat
 Dec. 31 2022      0.93           0.93           Met