BWX Technologies (NYSE:BWXT) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

BWX Technologies (NYSE:BWXT) issued its quarterly earnings results on Monday. The technology company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.19 by $0.07, FiscalAI reports. The business had revenue of $952.97 million for the quarter, compared to analysts’ expectations of $970.52 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.00 earnings per share.

Here are the key takeaways from BWX Technologies’ conference call:

• Positive Sentiment: BWXT reported strong third-quarter execution, with revenue up 10%, adjusted EBITDA up 19% to $180 million, and adjusted EPS up 26% to $1.26. Both operating segments delivered double-digit EBITDA growth, while free cash flow of $151 million led the company to raise its 2026 free cash flow guidance to $350 million-$360 million.
• Positive Sentiment: Government operations benefited from improved productivity, higher manufacturing volumes, and growth in special materials programs, including the $1.6 billion high-purity depleted uranium contract. Management expects high-single-digit to low-double-digit government revenue and EBITDA growth in 2027.
• Positive Sentiment: BWXT secured several advanced-nuclear wins, including participation in the U.S. Army’s Janus microreactor program, selection of its BANR reactor for a Canadian project, and a multiyear TRISO fuel agreement with Antares. The company said its Lynchburg fuel facility can roughly quadruple output before a larger expansion is needed.
• Positive Sentiment: Commercial operations revenue rose 25%, including 15% organic growth, supported by commercial power, Kinectrics, Medical, and the PCG acquisition. BWXT completed a Cambridge facility expansion that increases heavy-component capacity by about 50% and plans to proceed with a new U.S. manufacturing facility for large steam generators and reactor pressure vessels.
• Neutral Sentiment: Management reiterated its 2026 adjusted EBITDA and EPS outlook and expects high-single-digit to low-double-digit EBITDA and EPS growth in 2027, but free cash flow is expected to be flat to slightly higher as the company invests in working capital, capital expenditures, and growth programs. The company also noted that commercial nuclear projects remain subject to risk-allocation decisions and the timing of firm orders.

BWX Technologies Stock Performance

BWXT traded down $0.36 on Monday, hitting $130.34. 1,279,787 shares of the company’s stock were exchanged, compared to its average volume of 1,049,910. The firm has a market cap of $11.94 billion, a PE ratio of 33.77, a P/E/G ratio of 1.85 and a beta of 0.74. BWX Technologies has a twelve month low of $123.05 and a twelve month high of $241.82. The stock has a fifty day moving average of $143.52 and a two-hundred day moving average of $184.80. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51.

Analyst Ratings Changes

A number of research analysts have commented on BWXT shares. Wells Fargo & Company raised BWX Technologies from an “underweight” rating to an “equal weight” rating and reduced their target price for the stock from $200.00 to $170.00 in a report on Thursday, August 27th. Weiss Ratings downgraded BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. BTIG Research reiterated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a report on Wednesday, September 30th. Truist Financial dropped their price target on BWX Technologies from $202.00 to $182.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. Finally, Jefferies Financial Group started coverage on BWX Technologies in a research note on Thursday, September 3rd. They set a “buy” rating and a $181.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $205.00.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the transaction, the chief executive officer directly owned 192,491 shares in the company, valued at $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.