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:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.67 | 0.93 | 0.79 | 0.72 |
| EPS Actual | 0.69 | 0.95 | 0.76 | 0.62 |
| Revenue Estimate | 517.86M | 603.31M | 535.18M | 522.68M |
| Revenue Actual | 531.00M | 591.98M | 498.73M | 505.10M |
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.
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