Recap: Babcock & Wilcox Q1 Earnings

 

Shares of Babcock & Wilcox BW decreased 0.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 69.44% year over year to ($0.22), which missed the estimate of ($0.01).

Revenue of $168,200,000 up by 13.19% from the same period last year, which beat the estimate of $151,750,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Babcock & Wilcox hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 13, 2021

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/eventRegistrationServlet?referrer=https%3A%2F%2Finvestors.babcock.com%2F&eventid=3081678&sessionid=1&key=7C9FB3B9BC0F581051D3D2609FA6388F&regTag=&V2=false

Price Action

Company's 52-week high was at $9.90

Company's 52-week low was at $1.69

Price action over last quarter: Up 3.70%

Company Overview

Babcock & Wilcox Enterprises Inc provides advanced fossil and renewable power generation and environmental equipment. The firm operates in three segments: B&W Renewable segment; B&W Environmental segment; and B&W Thermal segment. Majority of the revenue is derived from B&W Renewable segment that provides cost-effective technologies for efficient and environmentally sustainable power and heat generation, including waste-to-energy, biomass energy and black liquor systems for the pulp and paper industry. B&W's technologies support a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!