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BWX Technologies Q1 Non-GAAP Earnings, Revenue Rise; 2024 Outlook Reaffirmed; Quarterly Dividend Maintained
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BWX Technologies Q1 Non-GAAP Earnings, Revenue Rise; 2024 Outlook Reaffirmed; Quarterly Dividend Maintained
May 6, 2024 2:27 PM

05:10 PM EDT, 05/06/2024 (MT Newswires) -- BWX Technologies ( BWXT ) reported Q1 non-GAAP earnings late Monday of $0.76 per diluted share, up from $0.70 a year earlier.

Analysts polled by Capital IQ expected $0.69.

Revenue in the quarter ended March 31 rose to $604 million from $568.4 million a year earlier. Analysts surveyed by Capital IQ expected $599.7 million.

The company reaffirmed its 2024 non-GAAP EPS guidance of $3.05 to $3.20 and revenue of more than $2.6 billion. Analysts in a Capital IQ poll expect $3.15 per share on revenue of $2.61 billion.

BWX maintained its quarterly dividend at $0.24 per share, payable on June 6 to shareholders of record on May 17.

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