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Babcock & Wilcox Announces Third Quarter 2015 Results

November 3, 2015 4:30 PM EST

- 2015 Guidance for Adjusted EPS Lifted to $1.15 to $1.30
- Global Power Revenues Increase 29.1%
- Share Buyback Program to Target up to $50 million by the end of Q1 2016

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today third quarter 2015 revenues of $420.0 million, an increase of $18.0 million, or 4.5%, from the third quarter of 2014. GAAP earnings per share from continuing operations for the third quarter of 2015 were $0.11 compared to $0.24 in the third quarter of 2014. Adjusted earnings per share, which excludes the... More