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.
Earnings
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.
Past Earnings Performance
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 |
| 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.
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