Shares of Babcock & Wilcox Enterprises (NYSE: BW) surged 5.51% in Monday's trading session, as investors eagerly anticipate the company's fourth-quarter earnings report scheduled for release after the market close. The significant upward movement reflects growing optimism among market participants about the upcoming financial results from the energy and environmental technology solutions provider.

The positive momentum began in pre-market trading, with BW stock climbing 5.17% before the opening bell, and continued to gain strength throughout the day. Analysts are expecting Babcock & Wilcox to report earnings per share of -$0.06 for the quarter, according to the latest earnings calendar. The pre-earnings rally suggests that investors may be positioning themselves ahead of the announcement, possibly anticipating better-than-expected results or positive forward guidance.

As a key player in the energy and environmental sectors, Babcock & Wilcox's performance could provide valuable insights into industry trends and the company's ability to navigate current market conditions. Investors and analysts will be closely watching the earnings report for information on the company's financial health, growth prospects, and strategic initiatives in the rapidly evolving energy landscape. The strong buy-side interest was further evidenced by a NYSE order imbalance of 170,096 shares on the buy side, indicating sustained demand for the stock leading up to the earnings release.