Babcock & Wilcox: Q2 Earnings Insights

Babcock & Wilcox: Q2 Earnings Insights

 

Babcock & Wilcox BW 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

Babcock & Wilcox missed estimated earnings by 16.67%, reporting an EPS of $-0.07 versus an estimate of $-0.06.

Revenue was up $18.10 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 24.4% drop in the share price the next day.

Here's a look at Babcock & Wilcox's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.08 0.1 0.02 0.04
EPS Actual -0.14 0.3 0.11 0.02
Revenue Estimate 187.33M 196.62M 187.08M 173.33M
Revenue Actual 204.00M 192.30M 160.00M 202.90M

To track all earnings releases for Babcock & Wilcox visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings