Babcock & Wilcox Announces Third Quarter 2017 Results

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Babcock & Wilcox (BW) Misses Q3 EPS by 35c; Evaluating strategic alternatives for MEGTEC and Universal

November 8, 2017 4:11 PM EST

Babcock & Wilcox (NYSE: BW) reported Q3 EPS of ($0.49), $0.35 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $408.7 million versus the consensus estimate of $415.46 million.

The Company initiated the process to evaluate strategic alternatives for its MEGTEC and Universal business... More