Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
LYNCHBURG, Va. (AP) _ BWX Technologies Inc. (BWXT) on Monday reported fourth-quarter earnings of $65.7 million.
The Lynchburg, Virginia-based company said it had net income of 69 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 74 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.
The supplier of nuclear fuel and components to the U.S. government posted revenue of $556.9 million in the period.
Insight by Kodak Alaris: Practitioners provide insight into how states and the IT industry are dealing with Real ID in this exclusive executive briefing.
For the year, the company reported profit of $278.7 million, or $2.91 per share. Revenue was reported as $2.12 billion.
BWX expects full-year earnings in the range of $3.05 to $3.20 per share.
BWX shares have fallen 4% since the beginning of the year.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BWXT at https://www.zacks.com/ap/BWXT
Copyright © 2021 . All rights reserved. This website is not intended for users located within the European Economic Area.