BWXT Reports Third Quarter 2018 Results
Highlights
• 3Q18 revenue growth of 1.5%; 3Q18 orders up significantly; backlog at $3.8 billion
• 3Q18 GAAP EPS of $0.78 and non-GAAP EPS of $0.40, each inclusive of a $0.21 negative impact for missile tube reserves
• Returned $79 million to shareholders in 3Q18; approved a new $250 million share repurchase authorization
• Updated 2018 guidance: non-GAAP EPS in a range of $2.23 to $2.27, revenue of approximately $1.8 billion
• Reiterated long-term guidance of low double-digit EPS growth
View the full release on our Investors Relations page.
Join the Q3 2018 BWX Technologies, Inc. Earnings Conference Call Webcast
Wednesday, Nov. 7 at 8:30 a.m. EST.