earnings
confidence high
sentiment positive
materiality 0.80
BWXT Q2 revenue up 11% to $681.5M, GAAP EPS $0.79, non-GAAP EPS $0.82; raises 2024 EPS guidance low end
BWX Technologies, Inc.
2024-Q2 EPS reported
$1.54
revenue$1,285,431,000
- Q2 revenues $681.5M (+11% YoY); Government Ops $540.8M, Commercial Ops $141.5M.
- GAAP diluted EPS $0.79, non-GAAP EPS $0.82, adjusted EBITDA $126.2M.
- 2024 non-GAAP EPS guidance narrowed to $3.10-$3.20 (from $3.05-$3.20); revenue, EBITDA, FCF reaffirmed.
- BWXT-led JV awarded NNSA Pantex Plant management & operations contract; dividend $0.24/share declared.
- CEO cites ADVANCE Act, SMR legislation, and military microreactor plans as supporting nuclear market momentum.