Babcock & Wilcox Enterprises (BW) Tops Q1 EPS by 6c

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Go back to Babcock & Wilcox Enterprises (BW) Tops Q1 EPS by 6c

Babcock & Wilcox Announces Solid First Quarter 2016 Results

May 10, 2016 4:10 PM EDT

- First Quarter GAAP EPS of $0.20, Adjusted EPS of $0.27

- Global Power Gross Profit Increased 19.3%

- Reaffirm Guidance Range of $1.25 - $1.45 Adjusted EPS for 2016

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today first quarter 2016 revenues of $404.1 million, an increase of $7.0 million, or 1.8%, from the first quarter of 2015. GAAP earnings per share for the first quarter of 2016 were $0.20 compared to $0.21 in the first quarter of 2015. Adjusted earnings per share, which excludes the impact of spin-off transaction costs and... More