8-K
filed February 23, 2023, 6:59 PM ET
ticker BWXT
CIK 0001486957
earnings
confidence high
sentiment neutral
materiality 0.70
BWXT reports Q4 GAAP EPS $0.47, non-GAAP $0.93; initiates 2023 guidance; raises dividend to $0.23/share
BWX Technologies, Inc.
2022-FY EPS reported
$2.60
revenue$2,232,834,000
- Q4 2022 revenue $624.2M, net income $43.0M, adjusted EBITDA $130.1M; GAAP EPS $0.47, non-GAAP EPS $0.93.
- Full-year 2022 revenue $2.23B, net income $238.6M, adjusted EBITDA $439.4M; non-GAAP EPS $3.13.
- 2023 guidance: revenue ~$2.4B, adjusted EBITDA ~$475M, non-GAAP EPS $2.80-$3.00, free cash flow ~$200M.
- Quarterly cash dividend increased to $0.23 per share from $0.22, payable March 28, 2023 to holders of record March 10, 2023.
- GAAP EPS decline driven by absence of 2021 pension mark-to-market gains; non-GAAP EPS stable YoY.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.85
BWX Technologies, Inc. updated its 2023 guidance (initiated).
- Period
- 2023
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Initiates 2023 guidance in-line with prior outlook commentary
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
BWX Technologies, Inc. reported fourth quarter ended December 31, 2022 results: revenue 624.2, net income 43.0, EPS 0.47.
- Period
- fourth quarter ended December 31, 2022
- Revenue
- 624.2
- Net income
- 43.0
- EPS
- 0.47
- Result
- reported results
Exact text from the filing
Revenue Government Operations $ 517.6 $ 479.2 $ 38.5 8% $ 1,808.5 $ 1,725.1 $ 83.4 5% Commercial Operations $ 107.1 $ 114.5 $ (7.4) (6)% $ 427.4 $ 407.1 $ 20.3 5% Consolidated $ 624.2 $ 592.0 $ 32.2 5% $ 2,232.8 $ 2,124.1 $ 108.8 5% Operating Income Government Operations $ 102.8 $ 90.9 $ 11.9 13% $ 336.5 $ 329.5 $ 7.0 2% Commercial Operations $ 3.7 $ 18.4 $
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
BWX Technologies, Inc. reported full year ended December 31, 2022 results: revenue 2,232.8, net income 238.6, EPS 2.60.
- Period
- full year ended December 31, 2022
- Revenue
- 2,232.8
- Net income
- 238.6
- EPS
- 2.60
- Result
- reported results
Exact text from the filing
$ 517.6 $ 479.2 $ 38.5 8% $ 1,808.5 $ 1,725.1 $ 83.4 5% Commercial Operations $ 107.1 $ 114.5 $ (7.4) (6)% $ 427.4 $ 407.1 $ 20.3 5% Consolidated $ 624.2 $ 592.0 $ 32.2 5% $ 2,232.8 $ 2,124.1 $ 108.8 5% Operating Income Government Operations $ 102.8 $ 90.9 $ 11.9 13% $ 336.5 $ 329.5 $ 7.0 2% Commercial Operations $ 3.7 $ 18.4 $ (14.6) (80)% $ 27.4 $ 35.2 $
View on SEC.gov
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