BWX Technologies Q1 revenue beats estimates

BWX Technologies

04/05/2026 21:16

Overview

U.S. nuclear solutions provider's Q1 revenue rose 26% yr/yr, beating analyst expectations

Adjusted EBITDA for Q1 beat analyst expectations

Company raised 2026 guidance

Outlook

BWX Technologies raises 2026 adjusted EBITDA guidance to $650 mln-$665 mln

Company lifts 2026 non-GAAP EPS guidance to $4.60-$4.75

Result Drivers

COMMERCIAL OPERATIONS GROWTH - Higher revenue from commercial nuclear components, field services, fuel and fuel handling, medical sales, and Kinectrics contribution drove Commercial Operations performance

GOVERNMENT OPERATIONS MIX - Revenue growth in Government Operations was driven by higher special materials processing and naval reactors, partially offset by lower microreactor volumes

OPERATIONAL PERFORMANCE - Improved operating performance and favorable mix supported higher operating income in Commercial Operations

Company press release: ID:nBw9sqHgba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$860.2 mln
$838.69 mln (11 Analysts)
Q1 EPS
$0.99
Q1 Net Income
$91.2 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for BWX Technologies Inc is $232.50, about 7.5% above its May 1 closing price of $216.31

The stock recently traded at 45 times the next 12-month earnings vs. a P/E of 48 three months ago

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.)