Babcock & Wilcox Enterprises reported a quarterly loss of $0.01 per share, beating the Zacks Consensus Estimate for a $0.03 loss. The result also improved from a $0.10 loss per share in the same quarter last year, indicating a modest year-over-year earnings recovery. The update is positive but limited in scope and likely to have only a modest impact on the stock.
Babcock & Wilcox Enterprises reported a quarterly loss of $0.01 per share, beating the Zacks Consensus Estimate for a $0.03 loss. The result also improved from a $0.10 loss per share in the same quarter last year, indicating a modest year-over-year earnings recovery. The update is positive but limited in scope and likely to have only a modest impact on the stock.
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mildly positive
Sentiment Score
0.18
Ticker Sentiment
