BWX Technologies (BWXT) Tops Q3 EPS by 12c, Updates FY EPS Guidance

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BWX Technologies Reports Solid Third Quarter 2020 Results; Increases 2020 Full-Year Earnings Guidance Once Again

November 2, 2020 6:30 AM EST

Generates 3Q20 GAAP EPS of $0.76; non-GAAP EPS of $0.79 Reports 3Q20 consolidated revenue of $520 million, up 3% vs. 3Q19 Increases 2020 full-year non-GAAP EPS guidance to ~$3.00 Increases 2020 segment guidance given the performance observed in the Nuclear Operations Group and the Nuclear Power Group

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported third quarter 2020 revenue of $520 million, a 3% increase compared with $506 million in the third quarter of 2019. GAAP net income for the third quarter 2020 was $73.2 million, or $0.76 per... More