BWX Technologies (BWXT) Tops Q4 EPS by 7c, Announces FY Guidance

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BWX Technologies Reports Strong Fourth Quarter 2019 Results, Setting New Year-End Highs for Revenue, Earnings and Backlog

February 24, 2020 4:30 PM EST

4Q19 GAAP EPS of $0.64; non-GAAP EPS of $0.71; revenue up 5% vs. 4Q18 2019 GAAP EPS of $2.55; non-GAAP EPS of $2.62; revenue up 5% vs. 2018 Reports record consolidated backlog of $5.3 billion Announces 12% quarterly dividend increase to $0.19 per share Issues 2020 guidance: non-GAAP EPS of ~$2.80; consolidated revenue growth of ~8%

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported fourth quarter 2019 revenue of $501 million, a 5% increase compared with $478 million in the fourth quarter of 2018. GAAP net income for the fourth quarter 2019 was $61.4... More