Babcock & Wilcox Co. (NYSE:BWC) updated its FY13 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.30-2.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.33, AR Network reports. The company issued revenue guidance of ~$3.3 billion, compared to the consensus revenue estimate of $3.43 billion.
Shares of Babcock & Wilcox Co. (NYSE:BWC) opened at 31.49 on Wednesday. Babcock & Wilcox Co. has a 52 week low of $23.24 and a 52 week high of $34.45. The stock has a 50-day moving average of $32.86 and a 200-day moving average of $31.10. The company has a market cap of $3.495 billion and a P/E ratio of 17.45.
Babcock & Wilcox Co. (NYSE:BWC) last issued its quarterly earnings data on Wednesday, November 13th. The company reported $0.57 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.57. The company had revenue of $774.80 million for the quarter, compared to the consensus estimate of $853.80 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. On average, analysts predict that Babcock & Wilcox Co. will post $2.33 earnings per share for the current fiscal year.
The Babcock & Wilcox Company (NYSE:BWC) is a technology innovator in power generation systems, a specialty constructor of nuclear components and a service provider in its segments.
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