earnings
confidence high
sentiment positive
materiality 0.80
BWXT: Q3 revenue $672M (+14% YoY), EPS $0.76 GAAP/$0.83 non-GAAP; acquires A.O.T.; raises 2024 EPS guidance to ~$3.20
BWX Technologies, Inc.
2024-Q3 EPS reported
$2.30
revenue$1,957,387,000
- Q3 revenue $672M (+14% YoY); GAAP EPS $0.76, non-GAAP EPS $0.83.
- Government Operations revenue $560.1M (+17%); Commercial Operations $113.1M (+1%).
- Acquiring A.O.T., sole source provider of depleted uranium and specialty metals for defense; close by year-end.
- 2024 non-GAAP EPS guidance raised to ~$3.20 (from $3.10-$3.20 range); FY revenue ~$2.7B.
- Preliminary 2025 guidance: mid-to-high-single-digit growth in revenue, EBITDA, EPS; FCF growth ≥10%.