In This Article:
Babcock & Wilcox Enterprises (NYSE:BW) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$209.9m (down 12% from 3Q 2023).
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Net loss: US$14.8m (loss narrowed by 8.3% from 3Q 2023).
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US$0.16 loss per share (improved from US$0.18 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Babcock & Wilcox Enterprises Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 8.8% growth forecast for the Electrical industry in the US.
Performance of the American Electrical industry.
The company's shares are down 31% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Babcock & Wilcox Enterprises (including 1 which is a bit concerning).
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