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BWX Technologies, Inc. BWXT is scheduled to report first-quarter 2025 results on May 5, 2025, after market close.
BWXT’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 10.33%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Revenues in BWXT’s Government Operations Likely to Rise
Higher manufacturing volume of nuclear components for U.S. Government programs, along with growth in design and engineering work executed by the company’s advanced technologies business, particularly in the defense market, is likely to have bolstered the overall top-line performance of BWXT’s Government Operations segment in the first quarter.
Moreover, at the onset of the first quarter, BWXT completed the acquisition of Aerojet Ordnance Tennessee, Inc. ("AOT"), which became part of its Government Operations segment. Positive synergies from this transaction are likely to have also boosted the Government Operations unit’s revenues in the first quarter.
Further this unit completed the expansion of its Innovation Campus in Lynchburg, VA, in March 2025. This expansion is also likely to have strengthened BWXT’s manufacturing capabilities, thereby boosting the segment’s quarterly revenues.
The Zacks Consensus Estimate for this segment’s first-quarter sales is pegged at $526.1 million, which indicates an increase of 8% from the prior-year number.
BWX Technologies, Inc. Price and EPS Surprise
BWX Technologies, Inc. price-eps-surprise | BWX Technologies, Inc. Quote
Expected Growth in BWXT’s Commercial Operations
Higher revenues generated from sales of nuclear components, medical radioisotopes, fuel handling and fuel fabrication, backed by strong demand for BWXT’s products from the commercial nuclear power and medical markets, are expected to have bolstered the top-line performance of its Commercial Operations segment. In particular, solid commercial power revenues from higher steam generator deliveries and services to the Bruce Power life extension project are likely to have boosted this unit’s overall sales.
The Zacks Consensus Estimate for this segment’s first-quarter sales is pegged at $134.6 million, which indicates an increase of 15% from the prior-year number.
Q1 Estimates for BWXT
With both its segments reflecting solid growth expectations for revenues, BWXT is expected to report notable growth in its top line.
The Zacks Consensus Estimate for BWXT’s first-quarter sales is pegged at $657.2 million, which indicates an increase of 8.8% from the prior-year number.
Rising labor costs and a shift in the business mix toward less mature, lower-margin programs are expected to have weighed on operating margins. This, along with a slight increase expected in the adjusted tax rate resulting from a geographical earnings mix shift toward Canada owing to a higher tax jurisdiction compared with the United States, is likely to have impacted the bottom-line performance in the first quarter of 2025.
The Zacks Consensus Estimate for BWXT’s first-quarter earnings is pegged at 73 cents per share, which indicates a year-over-year decline of 4%.