BWX Technologies (BWXT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.43%. A quarter ago, it was expected that this supplier of nuclear fuel and components to the U.S. government would post earnings of $0.94 per share when it actually produced earnings of $1.01, delivering a surp ...

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• 1Q24 diluted GAAP EPS of $0.75, non-GAAP EPS of $0.76 (1) "We are reaffirming our 2024 financial guidance and remain focused on operational excellence, innovation and providing our customers with nuclear technologies as we drive toward achieving the medium-term financial targets we provided at our recent Investor Day," continued Geveden. (1) First quarter adjusted EBITDA increased for the reasons noted above. (1) BWX Technologies Reports First Quarter 2024 Results Lynchburg, VA – May 6, 2024 - BWX Technol ...

BWX Technologies (BWXT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 6, 2024, might help the stock move higher if these key numbers are better than ex ...

Fortune recently reported that the U.S. could need as many as 40 new nuclear plants over the next five years to power all data centers, crypto miners, and cannabis facilities that require electricity. That should be a boon for nuclear energy stocks.“After being flat for nearly two decades, demand for power in the U.S. is soaring. A recent report by Grid Strategies, a power sector consulting company, estimated that yearly electricity demand is set to grow by 0.9%, while the capacity added to the grid is plan ...

The challenging macroeconomic environment and end-market volatility worldwide have affected the Zacks Electronics - Miscellaneous Components industry. Moreover, geo-political tensions, unfavorable forex and rising recessionary fears weigh on the industry’s prospects.Nevertheless, TE Connectivity (TEL) , BWX Technologies (BWXT) and Novanta (NOVT) are well-poised to benefit from the solid adoption of AI and the democratization of IoT techniques, which are transforming robotics, transportation systems, retail ...

LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) has released its 2024 Sustainability Report, demonstrating the company’s role in good governance, environmental stewardship, the ongoing global clean-energy transition, global security, investment in the communities where we operate, and many other initiatives critical to corporate social responsibility (CSR) excellence. “At BWXT, we are committed to the employment of nuclear technology to solve some of the world’s most important proble ...

BWX Technologies (BWXT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The po ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is BWX Technologies (BWXT) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.BWX Technologies is one of 622 companies in the Computer and Technology group. The Computer and Technology group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Ran ...

LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) today announced a contract with an estimated value of up to $45 billion over a 10-year ordering period from the U.S. Department of Energy (DOE) for environmental management operations at the Hanford Site in Washington. The DOE announced that the Hanford Integrated Tank Disposition Contract (ITDC) was awarded to Hanford Tank Waste Operations & Closure, LLC (H2C), which is a joint venture led by a BWXT subsidiary and includes subsidiaries ...