Why Babcock & Wilcox Enterprises Stock Popped Today
Babcock & Wilcox Enterprises flipped from a loss to a profit in Q2.
Overview
Energy equipment producer Babcock & Wilcox Enterprises (NYSE: BW) stock jumped 8% through 11:25 a.m. ET Tuesday after beating earnings expectations last night.
Heading into the report, analysts expected B&W to earn only $0.03 per share on sales of less than $197 million in Q2 2026. The company actually earned more than twice that -- $0.07 per share -- and crushed on sales as well, reporting revenue of $319.7 million.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.