earnings
confidence high
sentiment positive
materiality 0.80
BWXT Q2 2022 revenue $554M (+10% YoY), EPS $0.82 (+32%), raises 2022 guidance
BWX Technologies, Inc.
2022-Q2 EPS reported
$1.46
revenue$1,084,946,000
- Revenue $554M (+10% YoY); GAAP EPS $0.82 (+32%); adjusted EBITDA $114.7M (+26%).
- Government Operations rev $437M (+8%); Commercial Operations rev $119M (+16%).
- Increases 2022 guidance: revenue +6.5-8.0%, adj. EBITDA +5.0-6.5%, non-GAAP EPS $3.08-$3.23.
- Completes Tc-99m reference batches for FDA submission; starts first U.S. advanced microreactor for DoD.
- Cash from ops $77.4M; dividend $0.22/share payable Sept 8; $398M remaining buyback authorization.