Babcock & Wilcox Enterprises Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Financial Performance - Babcock & Wilcox Enterprises, Inc. is expected to report a quarterly loss of 5 cents per share for the fourth quarter, an improvement from a loss of 18 cents per share a year ago [1] - The projected quarterly revenue is $213.07 million, down from$227.2 million a year earlier [1] Recent Contracts - The construction subsidiary of Babcock & Wilcox was awarded 35 million in contracts for maintenance and service work at power plants and industrial facilities in North America [2] Stock Performance - Babcock & Wilcox shares experienced a decline of 7.6%, closing at 0.74 [2] Analyst Ratings - Lake Street analyst Rob Brown maintained a Buy rating but reduced the price target from $11 to$8 [5] - DA Davidson analyst Brent Thielman also maintained a Buy rating, cutting the price target from $4 to$3.5 [5]