BWX Technologies (NYSE:BWXT) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
BWX Technologies beat estimated earnings by 2.15%, reporting an EPS of $0.95 versus an estimate of $0.93.
Revenue was up $35.06 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 7.6% drop in the share price the next day.
Here’s a look at BWX Technologies’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.79 | 0.72 | 0.71 | 0.71 |
| EPS Actual | 0.76 | 0.62 | 0.73 | 0.74 |
| Revenue Estimate | 535.18M | 522.68M | 524.38M | 492.17M |
| Revenue Actual | 498.73M | 505.10M | 528.27M | 556.91M |
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 their next quarter, expecting earnings between $3.05 and $3.25 per share for the next quarter.
This represents a 231.58% in quarter-over-quarter growth for BWX Technologies, a bullish signal to many investors.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
