earnings
confidence high
sentiment neutral
materiality 0.70
BWXT Q3 revenue $523.7M, EPS $0.67; narrows 2022 guidance on labor challenges
BWX Technologies, Inc.
2022-Q3 EPS reported
$2.13
revenue$1,608,657,000
- Revenue $523.7M (+5% YoY); GAAP EPS $0.67; non-GAAP EPS $0.69; adjusted EBITDA $100.1M.
- Government Operations revenue +1% to $422.5M but operating income -11% from labor inefficiencies.
- 2022 revenue growth guidance narrowed to 6.5%-7.0%; non-GAAP EPS range lowered to $3.10-$3.15.
- FDA accepted Tc-99m generator application with priority review; GE-Hitachi awarded SMR vessel contract.
- Q4 dividend $0.22/share declared, payable Dec 13 to holders of record Nov 21.