BWX Technologies: Q2 Earnings Insights

BWX Technologies BWXT reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

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

Earnings

BWX Technologies beat estimated earnings by 9.33%, reporting an EPS of $0.82 versus an estimate of $0.75.

Revenue was up $48.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.61% increase in the share price the next day.

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

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).

Guidance

BWX Technologies management provided guidance for FY 2022, expecting earnings between $3.08 and $3.23 per share.

To track all earnings releases for BWX Technologies visit their earnings calendar here.

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