BWX Technologies (BWXT) Tops Q2 EPS by 15c, Offers Guidance

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BWX Technologies Reports Strong Second Quarter 2020 Results and Increases 2020 Full-Year Earnings Guidance

August 3, 2020 4:30 PM EDT

Grows 2Q20 EPS to $0.67 (GAAP) and $0.71 (non-GAAP) vs. 2Q19 EPS of $0.62 Reports 2Q20 consolidated revenue of $505 million, up 7% vs. 2Q19 Increases 2020 full-year non-GAAP EPS guidance to a range of $2.80 $2.90 Increases the Nuclear Operations Group segment revenue guidance to ~10% growth

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported second quarter 2020 revenue of $505 million, a 7% increase compared with $471 million in the second quarter of 2019. GAAP net income for the second quarter 2020 was $64.3 million, or $0.67 per diluted share,... More