Babcock & Wilcox (BWC) Tops Q1 EPS by 4c

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Babcock & Wilcox Announces First Quarter 2015 Results

May 6, 2015 4:15 PM EDT

Nuclear Operations and Power Generation Produce Strong First Quarter Revenues and Income GAAP EPS of $0.42, Adjusted EPS $0.47 Planned Spin-off of Power Generation Business On Track for Mid-Summer

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Babcock & Wilcox Company (NYSE: BWC) (B&W or the Company) today reported first quarter 2015 revenues of $730.6 million, an increase of $68.5 million, or 10.4%, from the first quarter of 2014, while GAAP earnings per share increased $0.01 per share to $0.42 for the first quarter of 2015 compared to $0.41 in the prior year... More