Babcock & Wilcox Announces Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Babcock & Wilcox (BW) Misses Q2 EPS by 6c, Affirms Guidance and Approves $100M Buyback
August 9, 2016 4:47 PM EDTBabcock & Wilcox (NYSE: BW) reported Q2 EPS of ($0.20), $0.06 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $383.2 million versus the consensus estimate of $432.54 million.
Babcock & Wilcox reaffirmed FY2016 guidance.
Share Repurchase Program
The Company repurchased 0.7 million shares of... More
