Published on 9 May 2024 on Simply Wall St. via Yahoo Finance
BWX Technologies, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their...
Last week, you might have seen that BWX Technologies, Inc. (NYSE:BWXT) released its first-quarter result to the market. The early response was not positive, with shares down 8.0% to US$88.07 in the past week. It looks like a credible result overall - although revenues of US$604m were in line with what the analysts predicted, BWX Technologies surprised by delivering a statutory profit of US$0.75 per share, a notable 14% above expectations. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Check out our latest analysis for BWX Technologies
