05:54 PM EDT, 04/10/2024 (MT Newswires) -- Babcock & Wilcox Enterprises ( BW ) Wednesday said it was increasing its outlook for adjusted EBITDA in 2024 to $105 million to $115 million, from its prior forecast of $100 million to $110 million.

Analyst estimates for adjusted EBITDA were not available on Capital IQ. Four analysts are expecting the company to generate $90.9 million in 2024 EBITDA before deducting any items this year.

Babcock & Wilcox ( BW ) shares were 7% higher in after-hours trading.

Price: 1.15, Change: +0.07, Percent Change: +6.52