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Babcock & Wilcox (BWC) Is Climbing After Q4 Report

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Babcock & Wilcox (BWC: Quote) reported fourth quarter adjusted EPS of $0.56 after the bell Wednesday, down from $0.65 last year. The consensus estimate was for EPS of $0.42. The company expects to report full year 2013 adjusted EPS of $2.25 to $2.45. The consensus estimate is for EPS of $2.10. The stock is now up 2.32 on 6K shares.

Babcock & Wilcox climbed for the bulk of the morning Wednesday and finished with a gain of 0.70 at $26.43. The stock closed near the middle of a 2-month range.

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by RTT Staff Writer

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