BWX Technologies Q2 EPS $0.65 Beats $0.59 Estimate, Sales $612.45M Beat $558.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
BWX Technologies reported Q2 earnings of $0.65 per share, beating the analyst consensus estimate of $0.59 by 10.17%. However, this is a 20.73% decrease from the same period last year. The company also reported quarterly sales of $612.45 million, beating the analyst consensus estimate of $558.25 million by 9.71%, and marking a 10.55% increase from the same period last year.
August 04, 2023 | 2:24 pm
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NEUTRAL IMPACT
BWX Technologies reported better than expected Q2 earnings and sales, but the earnings are down 20.73% from the same period last year.
While BWX Technologies beat the Q2 earnings and sales estimates, the decrease in earnings from the same period last year might concern some investors, potentially offsetting the positive impact of beating estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100