BW Earnings Prediction
The chart below shows how BW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BW sees a +12.95% change in stock price 10 days leading up to the earnings, and a -4.75% change 10 days following the report. On the earnings day itself, the stock moves by +0.04%. This data can give you a slight idea of what to expect for the next quarter's release.
BW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
209.86M
-12.34%
-10.18%
Gross Margin
23.74%
6.46%
1.80%
Operating Margin
2.57%
-21.17%
-40.78%
Net Margin
-5.27%
2.73%
-148.80%
EPS
-0.10
-92.59%
-141.67%
No Data Available
BW Earnings Analysis
Babcock & Wilcox Enterprises, Inc. Corporation (BW.N) Earnings Conference Call
Positive
Adjusted EBITDA Improvement: Significant year-over-year improvement in adjusted EBITDA, reaching $22.3 million compared to $20 million in Q3 2023, reflecting a strong operational performance.
Q3 2024 Adjusted EBITDA: Adjusted EBITDA for Q3 2024 was $23.3 million, ahead of expectations, demonstrating effective cost management and operational efficiency.
Q3 Revenue Growth: Total revenues for the third quarter of 2024 were $209.9 million, showing growth driven by strong demand in domestic and European environmental businesses.
Q3 Bookings Surge: Bookings in Q3 2024 increased to $40.8 million, up from $32.7 million in the same period of 2023, indicating robust customer demand and project pipeline.
Renewable Segment Revenue Increase: The Babcock & Wilcox Renewable segment reported revenues of $38.2 million for Q3 2024, marking a 22% increase compared to $46.4 million in Q3 2023, driven by growth in domestic industrial and electric static precipitator businesses.
Negative
Revenue Decline in Q3: Total consolidated revenues decreased to $209.9 million in Q3 2024, a decline compared to the same period in 2023.
Operating Loss Decline: The company reported an operating loss of $1.4 million in Q3 2024, down from an operating income of $5.5 million in Q3 2023.
EBITDA Decline Analysis: Adjusted EBITDA decreased by 51% to $5 million in Q3 2024, compared to $10.1 million in the same quarter of 2023.
Renewable Segment Revenue Decline: Revenues in the Babcock & Wilcox Renewable segment were $38.2 million for Q3 2024, a decrease compared to Q3 2023.
One-Time Impairment Loss: The company recorded a significant one-time impairment of $5.8 million related to the sale of its SPIG subsidiary.
BW FAQs
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BW Earning Call Sentiment
Babcock & Wilcox Enterprises Inc (BW) Q3 2024 Earnings Call Transcript
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00:00
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BW.N
-2.73%Positive
The earnings call reveals several concerns: significant losses, high debt levels, and regulatory risks. Despite some revenue growth in specific segments, overall revenues decreased, and operating income turned negative. The company lowered its EBITDA guidance, reflecting divestitures. The Q&A section highlighted uncertainties in project execution and conversion rates, with management avoiding specific details. There are no share repurchase or dividend programs to boost investor confidence. Given these factors, the sentiment is negative, expecting a stock price decline of -2% to -8%.
