BWX Technologies Reports Solid Fourth Quarter 2020 Results, Marking New Annual Records for Revenue and Earnings and Achieves Long-Term Guidance
22 February 2021
- Generates 4Q20 EPS of $0.69 (GAAP), $0.74 (non-GAAP); up 8% and 4% respectively vs. 4Q19
- Produces 2020 EPS of $2.91 (GAAP), $3.03 (non-GAAP); up 14% and 16% respectively vs. 2019
- Reports record quarterly and annual revenue: $557 million in 4Q20, more than $2.1 billion in 2020
- Increases quarterly dividend 11% to $0.21 per share
- Achieves low-double-digit compounded non-GAAP EPS growth compared with 2017 results
- Issues 2021 guidance: non-GAAP EPS range of $3.05 to $3.20 on low-single digit consolidated
revenue growth