Babcock & Wilcox Announces Second Quarter 2016 Results

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Go back to Babcock & Wilcox Announces Second Quarter 2016 Results

Babcock & Wilcox (BW) Misses Q2 EPS by 6c, Affirms Guidance and Approves $100M Buyback

August 9, 2016 4:47 PM EDT

Babcock & Wilcox (NYSE: BW) reported Q2 EPS of ($0.20), $0.06 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $383.2 million versus the consensus estimate of $432.54 million.

Babcock & Wilcox reaffirmed FY2016 guidance.

Share Repurchase Program

The Company repurchased 0.7 million shares of... More