BWX Technologies, Inc. (NYSE:BWXT) provider of nuclear energy, is reporting third quarter earnings results on Monday 2nd November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.67 per share.
For the full year, analysts predict revenues of $ 2040.27 million, while looking forward to income of $ 2.88 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,047.00 million ~ $ 2,047.00 million, where as bottomline are predicted in a range of $ 2.80 ~ $ 2.90 per share
Click Here For More Historical Outlooks Of BWX Technologies, Inc.
Previous Quarter Performance
BWX Technologies, Inc. unwinded income for the second quarter of $ 0.71 per share, from the revenue of $ 504.52 million. The quarterly earnings developed 14.52 percent while revenues escalated 7.06 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.56 per share from $ 458.79 million in revenue. The bottom line results beat street analysts by $ 0.15 or 26.79 percent, at the same time, top line results outshined analysts by $ 45.73 million or 9.97 percent.
Stock Performance
On Friday, shares of BWX Technologies, Inc. has traded high as $ 55.23 and has cracked $ 54.01 on the downward trend, reaching $ 55.01 with volume of 401.40 thousand shares.
According to the previous trading day, closing price of $ 55.01, representing a 34.11 % increase from the 52 week low of $ 40.40 and a 23.23 % decrease over the 52 week high of $ 70.57.
The company has a market capital of $ 5.24 billion and is part of the Industrials sector and Aerospace & Defense industry.
Recent Analyst recommendations
- On 15th October 2020, upgraded by Bank of America to Buy from Neutral rating, with $ 70.00 target price.
Recent Stock Dividend Announcement
On July 31, 2020, the board of directors authorized quarterly dividend of $ 0.19 per share to holders of record as of the close of business on August 19, 2020, with payment date of September 8, 2020 and ex-dividend date on August 18, 2020.
Conference Call
BWX Technologies, Inc. will be hosting a conference call at 9:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bwxt.com
BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. Its Nuclear Operations Group segment offers nuclear components, reactors, assemblies, and fuel for the United States Department of Energy/National Nuclear Security Administrations Naval Nuclear Propulsion Program and other uses; close-tolerance equipment for nuclear applications; research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications.
