BWX Technologies (BWXT) Tops Q1 EPS by 2c, Revenues Beat; Retierates FY21 EPS Guidance

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Go back to BWX Technologies (BWXT) Tops Q1 EPS by 2c, Revenues Beat; Retierates FY21 EPS Guidance

BWX Technologies Reports First Quarter 2021 Results and Commences New Multi-Year Guidance Framework

May 3, 2021 4:30 PM EDT

Generates 1Q21 earnings of $0.73 per share on consolidated revenue of $528 million Reports robust backlog of nearly $5.2 billion driven by Naval Reactors bookings and other wins Reiterates 2021 guidance: non-GAAP earnings range of $3.05 to $3.20 per share Initiates new $500 million share repurchase authorization Commences new multi-year guidance framework for growth, free cash flow and capital allocation

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2021 revenue of $528 million, a 2.6% decrease compared with $542 million in the first... More