BWX Technologies (BWXT) Q3 Earnings and Revenues Top Estimates

Company Performance - BWX Technologies (BWXT) reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.77 per share, and up from $0.67 per share a year ago [1] - The earnings surprise for this quarter was 7.79%, following a previous quarter surprise of 7.89% where actual earnings were $0.82 per share against an expectation of $0.76 [2] - The company achieved revenues of $671.96 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.10% and increasing from $589.99 million year-over-year [3] Stock Performance - BWX shares have increased approximately 59.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 20.1% [4] - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $700.93 million, and for the current fiscal year, it is $3.20 on revenues of $2.64 billion [8] Industry Outlook - BWX operates within the Zacks Electronics - Miscellaneous Components industry, which is currently ranked in the top 39% of over 250 Zacks industries [9] - The industry ranking indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [9]