BWX Technologies, Inc. (BWXT) reported a profit for its third quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $69.6 million, or $0.76 per share. This compares with $60.4 million, or $0.66 per share, in last year's third quarter.
Excluding items, BWX Technologies, Inc. reported adjusted earnings of $76.7 million or $0.83 per share for the period.
Analysts on average had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 13.9% to $672.0 million from $590.0 million last year.
BWX Technologies, Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $69.6 Mln. vs. $60.4 Mln. last year.
-EPS (Q3): $0.76 vs. $0.66 last year.
-Revenue (Q3): $672.0 Mln vs. $590.0 Mln last year.
-Guidance:
Full year EPS guidance: about $3.20
Full year revenue guidance: about $2.70 bln
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