Babcock & Wilcox: Q2 Earnings Insights

Babcock & Wilcox BW reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Babcock & Wilcox missed estimated earnings by 16.67%, reporting an EPS of $-0.07 versus an estimate of $-0.06.

Revenue was up $18.10 million from the same period last year.

Last quarter the company missed on EPS by $0.06 which was followed by a 24.4% drop in the share price the next day.

Here's a look at Babcock & Wilcox's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.08	0.1	0.02	0.04
EPS Actual	-0.14	0.3	0.11	0.02
Revenue Estimate	187.33M	196.62M	187.08M	173.33M
Revenue Actual	204.00M	192.30M	160.00M	202.90M

To track all earnings releases for Babcock & Wilcox visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.