Babcock & Wilcox: Q1 Earnings Insights - Babcock & Wilcox (NYSE:BW)

Babcock & Wilcox BW reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:30 AM.

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

Babcock & Wilcox missed estimated earnings by 100.0%, reporting an EPS of $-0.18 versus an estimate of $-0.09.

Revenue was up $53.20 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 2.42% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.05	0.02	-0.06	-0.08
EPS Actual	0.02	-0.24	-0.07	-0.14
Revenue Estimate	229.72M	207.14M	221.20M	187.33M
Revenue Actual	249.90M	214.90M	221.00M	204.00M

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.