BWX Technologies (BWXT) Tops Q2 EPS by 1c

BWX Technologies (NYSE: BWXT) reported Q2 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $357.1 million versus the consensus estimate of $360.6 million.

“In the first half of 2015, we completed the spin-off of our former Power Generation business, as anticipated, while continuing to deliver solid operating results. BWXT is now better positioned to attract an investor base specifically suited to our Company’s unique operational and financial characteristics,” said Mr. John A. Fees, Executive Chairman. “Our Nuclear Operations segment continued to deliver strong and stable operating performance in the second quarter. In addition, the Nuclear Energy segment produced significantly improved bookings and backlog this quarter. Looking forward, we have a solid backlog in our Nuclear Operations segment, nearly two times the backlog in Nuclear Energy compared to the prior year period, and we see good prospects in all of our business segments to deliver EPS growth in the second half of the year.”

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

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