Babcock & Wilcox Enterprises (BW) Scheduled to Post Earnings on Tuesday

Babcock & Wilcox Enterprises (NYSE:BW) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Babcock & Wilcox Enterprises (NYSE:BW) last announced its earnings results on Thursday, August 8th. The technology company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.19). The company had revenue of $233.60 million for the quarter, compared to analysts’ expectations of $262.20 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 Trading Up 1.8 %

Shares of NYSE BW traded up $0.04 during midday trading on Tuesday, reaching $2.26. 258,099 shares of the stock were exchanged, compared to its average volume of 1,415,894. The stock has a 50 day moving average price of $1.87 and a 200-day moving average price of $1.53. The company has a market capitalization of $208.37 million, a P/E ratio of -1.06 and a beta of 1.73. Babcock & Wilcox Enterprises has a 52-week low of $0.75 and a 52-week high of $2.99.

Wall Street Analyst Weigh In

BW has been the topic of a number of research analyst reports. Craig Hallum lifted their target price on Babcock & Wilcox Enterprises from $1.50 to $2.00 and gave the company a “hold” rating in a report on Monday, July 8th. StockNews.com upgraded Babcock & Wilcox Enterprises from a “sell” rating to a “hold” rating in a report on Thursday, August 15th.

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.