Babcock & Wilcow Enterprises (BW) Reports Q3 Loss, Misses Revenue Estimates
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Babcock & Wilcox Enterprises (BW) reported a Q3 loss of $0.11 per share, missing the Zacks Consensus Estimate of a $0.02 loss. This is an improvement from the $0.18 loss per share a year ago.
November 13, 2024 | 1:00 am
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Babcock & Wilcox Enterprises reported a Q3 loss of $0.11 per share, missing the expected loss of $0.02. This indicates a negative surprise for investors, although the loss is smaller than last year's $0.18 per share.
The earnings report shows a larger than expected loss, which is typically negative for stock prices. However, the improvement from last year's loss may mitigate some negative sentiment.
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RELEVANCE 100