Babcock & Wilcox Enterprises (BW) to Release Quarterly Earnings on Thursday

Babcock & Wilcox Enterprises (NYSE:BW) will be announcing its earnings results after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Babcock & Wilcox Enterprises (NYSE:BW) last announced its earnings results on Thursday, May 9th. The technology company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.12). The firm had revenue of $207.60 million during the quarter, compared to analyst estimates of $226.70 million. On average, analysts expect Babcock & Wilcox Enterprises to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Babcock & Wilcox Enterprises Stock Performance

Babcock & Wilcox Enterprises stock opened at $1.18 on Wednesday. The business’s fifty day moving average is $1.53 and its two-hundred day moving average is $1.30. The firm has a market cap of $107.39 million, a P/E ratio of -0.49 and a beta of 1.72. Babcock & Wilcox Enterprises has a 52 week low of $0.75 and a 52 week high of $6.09.

Wall Street Analyst Weigh In

Several research firms have recently commented on BW. StockNews.com raised Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a research note on Thursday, July 25th. Craig Hallum raised their price objective on shares of Babcock & Wilcox Enterprises from $1.50 to $2.00 and gave the company a “hold” rating in a research note on Monday, July 8th. Finally, Lake Street Capital dropped their target price on shares of Babcock & Wilcox Enterprises from $11.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, April 11th.

About Babcock & Wilcox Enterprises

Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.