BWX Technologies (NYSE: BWXT) reported Q2 EPS of $0.58, $0.02 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $439 million versus the consensus estimate of $447.34 million.

Outlook:

BWXT reiterated guidance for 2018:

• EPS in a range of $2.45 to $2.55 (excluding mark-to-market of pension and post-retirement benefits)
• Revenue in a range of $1.75 to $1.85 billion
• NOG revenue in a range of $1.3 to $1.4 billion and operating margin in the high teens with upside potential
• NPG revenue in a range of $300 to $350 million and operating margin of approximately 12%
• NSG operating income of approximately $20 million
• Research and development costs of approximately $15 million
• Corporate unallocated costs of approximately $20 million
• Other income primarily related to pension and other post-employment benefit plans of $30 to $35 million
• Effective non-GAAP tax rate in a range of 22% to 25%
• Capital expenditures of approximately $150 million, primarily to support growth in Navy business
• Depreciation and amortization of approximately $60 million

For earnings history and earnings-related data on BWX Technologies (BWXT) click here.