Movement Alert|BWX Technologies Inc Intraday Rise 5.1% in Regular Trading, rebound follows note offering and post-earnings pullback

Market Focus
16 hours ago

On November 7, BWX Technologies Inc rose 5.1% in Regular Trading, trading at $120.82 per share, with turnover of $131 million.

The move coincided with the company launching a $500 million private offering of senior unsecured notes due 2034, while the stock also appeared to rebound after weakness following its latest quarterly report.

Earlier disclosures showed third-quarter adjusted EPS of $1.26, above consensus near $1.19, while revenue of about $953 million missed expectations of roughly $970 million. The company updated full-year adjusted EPS guidance to $4.72 to $4.77 from $4.70 to $4.80, narrowing the range, and maintained revenue guidance at about $3.80 billion, slightly below market expectations. Shares had declined after that earnings release before recovering in the latest session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10