tiprankstipranks
BWX Technologies reports Q4 adjusted EPS 93c, consensus 93c
The Fly

BWX Technologies reports Q4 adjusted EPS 93c, consensus 93c

Reports Q4 revenue $624.2M, consensus $642.32M. "As we expected, BWXT closed out 2022 with solid fourth quarter financial results," said Rex D. Geveden, president and chief executive officer. "We benefited from our balanced and growing portfolio this year as strong performance in Commercial Operations largely offset headwinds in the Government Operations segment owing to a tough labor market. Operating performance outpaced macroeconomic and accounting headwinds, including lower pension income and increasing interest rates, resulting in high-single digit underlying EBITDA and positive earnings per share growth for the year."

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on BWXT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles