Recap: BWX Technologies Q4 Earnings

BWX Technologies BWXT reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

BWX Technologies beat estimated earnings by 2.15%, reporting an EPS of $0.95 versus an estimate of $0.93.

Revenue was up $35.06 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 7.6% drop in the share price the next day.

Here's a look at BWX Technologies's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.79	0.72	0.71	0.71
EPS Actual	0.76	0.62	0.73	0.74
Revenue Estimate	535.18M	522.68M	524.38M	492.17M
Revenue Actual	498.73M	505.10M	528.27M	556.91M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

BWX Technologies management provided guidance for their next quarter, expecting earnings between $3.05 and $3.25 per share for the next quarter.

This represents a 231.58% in quarter-over-quarter growth for BWX Technologies, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.