BWX Technologies (BWXT) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for BWX Technologies (BWXT) due to higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - BWXT is expected to report quarterly earnings of $0.85 per share, reflecting a year-over-year increase of 2.4%, and revenues are projected to be $796.38 million, up 18.5% from the previous year [3]. - The earnings report is scheduled for release on November 3, and better-than-expected results could lead to a stock price increase, while disappointing results may cause a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised 1.79% higher in the last 30 days, indicating a reassessment by analysts [4]. - BWXT's Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.43%, suggesting a bearish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - BWXT currently holds a Zacks Rank of 2, but the negative Earnings ESP complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, BWXT exceeded expectations by posting earnings of $1.02 per share against an expected $0.79, resulting in a surprise of 29.11% [13]. - The company has beaten consensus EPS estimates in all of the last four quarters [14]. Conclusion - While BWXT does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [17].