Latest news with #BWX
Yahoo
05-08-2025
- Business
- Yahoo
Parsons (PSN) Q2 Earnings Report Preview: What To Look For
Infrastructure and defense services provider Parsons (NYSE:PSN) will be reporting earnings this Wednesday morning. Here's what to look for. Parsons missed analysts' revenue expectations by 3.1% last quarter, reporting revenues of $1.55 billion, up 1.2% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts' adjusted operating income estimates but a slight miss of analysts' backlog estimates. Is Parsons a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Parsons's revenue to decline 4.3% year on year to $1.60 billion, a reversal from the 23.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.74 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 5 downward revisions over the last 30 days (we track 9 analysts). Parsons has missed Wall Street's revenue estimates three times over the last two years. Looking at Parsons's peers in the defense contractors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. BWX delivered year-on-year revenue growth of 12.1%, beating analysts' expectations by 7.2%, and General Dynamics reported revenues up 8.9%, topping estimates by 5.7%. General Dynamics traded up 5.7% following the results. Read our full analysis of BWX's results here and General Dynamics's results here. Investors in the defense contractors segment have had steady hands going into earnings, with share prices up 1.4% on average over the last month. Parsons's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $83.10 (compared to the current share price of $74.60). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-08-2025
- Business
- Yahoo
CACI (CACI) Reports Q2: Everything You Need To Know Ahead Of Earnings
Defense, intelligence, and IT solutions provider CACI International (NYSE:CACI) will be reporting results this Wednesday after market close. Here's what investors should know. CACI beat analysts' revenue expectations by 1.5% last quarter, reporting revenues of $2.17 billion, up 11.8% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' backlog estimates and an impressive beat of analysts' EBITDA estimates. Is CACI a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting CACI's revenue to grow 12.4% year on year to $2.29 billion, slowing from the 19.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $6.63 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. CACI has missed Wall Street's revenue estimates twice over the last two years. Looking at CACI's peers in the defense contractors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. BWX delivered year-on-year revenue growth of 12.1%, beating analysts' expectations by 7.2%, and General Dynamics reported revenues up 8.9%, topping estimates by 5.7%. General Dynamics traded up 5.7% following the results. Read our full analysis of BWX's results here and General Dynamics's results here. Investors in the defense contractors segment have had steady hands going into earnings, with share prices up 1.4% on average over the last month. CACI is down 7.6% during the same time and is heading into earnings with an average analyst price target of $516.15 (compared to the current share price of $466.68). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
04-08-2025
- Business
- Yahoo
BWX (NYSE:BWXT) Reports Strong Q2, Stock Soars
Aerospace and defense company BWX (NYSE:BWXT) reported Q2 CY2025 results exceeding the market's revenue expectations , with sales up 12.1% year on year to $764 million. The company's full-year revenue guidance of $3.1 billion at the midpoint came in 1.3% above analysts' estimates. Its non-GAAP profit of $1.02 per share was 28.7% above analysts' consensus estimates. Is now the time to buy BWX? Find out in our full research report. BWX (BWXT) Q2 CY2025 Highlights: Revenue: $764 million vs analyst estimates of $712.4 million (12.1% year-on-year growth, 7.2% beat) Adjusted EPS: $1.02 vs analyst estimates of $0.79 (28.7% beat) Adjusted EBITDA: $145.9 million vs analyst estimates of $124.8 million (19.1% margin, 16.9% beat) The company lifted its revenue guidance for the full year to $3.1 billion at the midpoint from $3 billion, a 3.3% increase Management raised its full-year Adjusted EPS guidance to $3.70 at the midpoint, a 6.5% increase EBITDA guidance for the full year is $570 million at the midpoint, above analyst estimates of $556.3 million Operating Margin: 13.4%, down from 14.5% in the same quarter last year Free Cash Flow Margin: 16.5%, up from 5.2% in the same quarter last year Backlog: $6.02 billion at quarter end Market Capitalization: $13.66 billion 'We had exceptionally strong second quarter 2025 financial results driven by solid operational performance and pacing of work, particularly in Government Operations, which was complemented by robust bookings in both segments, leading to record backlog,' said Rex D. Geveden, president and chief executive officer. Company Overview Contributing components and materials to the famous Manhattan Project in the 1940s, BWX (NYSE:BWXT) is a manufacturer and service provider of nuclear components and fuel for government and commercial industries. Revenue Growth A company's long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Unfortunately, BWX's 6.9% annualized revenue growth over the last five years was mediocre. This was below our standard for the industrials sector and is a tough starting point for our analysis. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. BWX's annualized revenue growth of 10.9% over the last two years is above its five-year trend, suggesting its demand recently accelerated. BWX also breaks out the revenue for its most important segments, Government Operations and Commercial Operations, which are 77.1% and 23% of revenue. Over the last two years, BWX's Government Operations revenue (public sector sales) averaged 10.5% year-on-year growth while its Commercial Operations revenue (private sector sales) averaged 13.5% growth. This quarter, BWX reported year-on-year revenue growth of 12.1%, and its $764 million of revenue exceeded Wall Street's estimates by 7.2%. Looking ahead, sell-side analysts expect revenue to grow 12.3% over the next 12 months, similar to its two-year rate. This projection is healthy and indicates its newer products and services will spur better top-line performance. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Operating Margin BWX has been an efficient company over the last five years. It was one of the more profitable businesses in the industrials sector, boasting an average operating margin of 15.2%. Looking at the trend in its profitability, BWX's operating margin decreased by 2.3 percentage points over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. In Q2, BWX generated an operating margin profit margin of 13.4%, down 1.1 percentage points year on year. This reduction is quite minuscule and indicates the company's overall cost structure has been relatively stable. Earnings Per Share Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. BWX's EPS grew at an unimpressive 4.2% compounded annual growth rate over the last five years, lower than its 6.9% annualized revenue growth. This tells us the company became less profitable on a per-share basis as it expanded due to non-fundamental factors such as interest expenses and taxes. We can take a deeper look into BWX's earnings to better understand the drivers of its performance. As we mentioned earlier, BWX's operating margin declined by 2.3 percentage points over the last five years. This was the most relevant factor (aside from the revenue impact) behind its lower earnings; interest expenses and taxes can also affect EPS but don't tell us as much about a company's fundamentals. Like with revenue, we analyze EPS over a shorter period to see if we are missing a change in the business. For BWX, its two-year annual EPS growth of 11.3% was higher than its five-year trend. This acceleration made it one of the faster-growing industrials companies in recent history. In Q2, BWX reported adjusted EPS at $1.02, up from $0.82 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects BWX's full-year EPS of $3.68 to stay about the same. Key Takeaways from BWX's Q2 Results We were impressed by how significantly BWX blew past analysts' revenue and EPS expectations this quarter. We were also excited its full-year guidance was raised from previously-provided ranges. Zooming out, we think this quarter featured some important positives with little to complain about. The stock traded up 9.2% to $168.60 immediately after reporting. Sure, BWX had a solid quarter, but if we look at the bigger picture, is this stock a buy? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-08-2025
- Business
- Yahoo
BWX Earnings: What To Look For From BWXT
Aerospace and defense company BWX (NYSE:BWXT) will be reporting earnings this Monday after market hours. Here's what you need to know. BWX beat analysts' revenue expectations by 5.1% last quarter, reporting revenues of $682.3 million, up 13% year on year. It was a very strong quarter for the company, with a solid beat of analysts' EBITDA estimates and a solid beat of analysts' adjusted operating income estimates. Is BWX a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting BWX's revenue to grow 4.5% year on year to $712.4 million, slowing from the 11.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.79 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. BWX has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 4.8% on average. Looking at BWX's peers in the defense contractors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. General Dynamics delivered year-on-year revenue growth of 8.9%, beating analysts' expectations by 5.7%, and Northrop Grumman reported revenues up 1.3%, topping estimates by 3%. General Dynamics traded up 5.7% following the results while Northrop Grumman was also up 10.4%. Read our full analysis of General Dynamics's results here and Northrop Grumman's results here. Investors in the defense contractors segment have had steady hands going into earnings, with share prices flat over the last month. BWX is up 4.4% during the same time and is heading into earnings with an average analyst price target of $148.30 (compared to the current share price of $150.18). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion United
27-05-2025
- Business
- Fashion United
Marks & Spencer appoints Thinus Keeve to new retail director role
British department store Marks & Spencer has appointed Thinus Keeve to the newly created role of retail director. Keeve will take up the position from June 6, after which he will report to operations director Sacha Berendij. Keeve is relocating to the UK from Australia, where he had served in a number of senior roles at various companies. He most recently held the position of chief executive officer and managing director of beauty company BWX, which he took up after serving for almost 13 years at Australian supermarket chain Coles Group. His appointment was announced by Marks & Spencer's chief executive officer, Steve Machin, in a post on LinkedIn. Here, Machin said that Keeve will be tasked with overseeing all of the retailer's stores in the UK and Republic of Ireland, as well as holding responsibility for central store operations. Machin added: 'Like all new senior leaders, Thinus will spend his first month working in stores getting close to colleagues and close to customers. Following this, to ensure stores remain at the very heart of our decision-making across Marks & Spencer, in July he will also join our ExCo team.' Upon Keeve joining, Berendij will continue to have overall accountability for retail, property, security and business continuity. The operations director is further responsible for accelerating the company's store rotation programme, Machin noted.
