BWX Technologies Inc. reported strong fourth-quarter earnings, beating Wall Street expectations with $93 million in net income and $1.08 adjusted earnings per share. The nuclear fuel and components supplier also exceeded revenue forecasts, posting $885.8 million for the quarter and $3.2 billion for the full year. BWX shares have seen a 15% increase since the start of the year, with the company projecting full-year earnings between $4.55 and $4.70 per share and $3.75 billion in revenue.
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BWX: Q4 Earnings Snapshot
BWX Technologies Inc. reported strong fourth-quarter earnings, beating Wall Street expectations with $93 million in net income and $1.08 adjusted earnings per share. The nuclear fuel and components supplier also exceeded revenue forecasts, posting $885.8 million for the quarter and $3.2 billion for the full year. BWX shares have seen a 15% increase since the start of the year, with the company projecting full-year earnings between $4.55 and $4.70 per share and $3.75 billion in revenue.