Babcock & Wilcox (BW) Tops Q4 EPS by 4c; Approves $100M Stock Buyback

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Go back to Babcock & Wilcox (BW) Tops Q4 EPS by 4c; Approves $100M Stock Buyback

Babcock & Wilcox Announces Strong Fourth Quarter 2015 Results

February 25, 2016 4:15 PM EST

- Fourth Quarter Revenue Increases 13.1%, Full Year 2015 Revenue Increases 18.3%
- Fourth Quarter GAAP EPS of $(0.10), Adjusted EPS $0.47
- Full Year 2015 GAAP EPS of $0.30, Adjusted EPS $1.25
- New Share Buyback Program to Target up to $47 million by Third Quarter 2016
- 2016 Guidance for Adjusted EPS of $1.25-$1.45

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today fourth quarter 2015 revenues of $502.7 million, an increase of $58.1 million, or 13.1%, from the fourth quarter of 2014. GAAP earnings per... More