Published on 7 May 2024 on GuruFocus.com via Yahoo Finance
BWX Technologies Inc. (BWXT) Q1 2024 Earnings: Surpasses Revenue and EPS Estimates
Revenue: Reported $604.0 million, up 6% year-over-year, surpassing estimates of $599.91 million.Net Income: Achieved $68.5 million, an increase of 12% year-over-year, exceeding estimates of $62.39 million.Earnings Per Share (EPS): Delivered $0.75 GAAP EPS and $0.76 non-GAAP EPS, both surpassing the estimated $0.69.Operating Income: Consolidated operating income rose to $93.0 million, a 6% increase from the previous year.Adjusted EBITDA: Grew to $115.2 million, marking a 4% increase from the prior year's $110.7 million.Free Cash Flow: Reported $2.6 million, significantly improved from a negative $42.8 million in the previous year.Dividends: Paid $22.4 million in dividends, reflecting a 3% increase year-over-year, maintaining a quarterly dividend of $0.24 per share.
Warning! GuruFocus has detected 8 Warning Signs with BWXT.