BWX Technologies, Inc. Just Beat Revenue Estimates By 7.7%

BWX Technologies, Inc. (NYSE:BWXT) just released its latest quarterly results and things are looking bullish. The company beat expectations with revenues of US$866m arriving 7.7% ahead of forecasts. Statutory earnings per share (EPS) were US$0.89, 3.7% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the most recent consensus for BWX Technologies from eleven analysts is for revenues of US$3.53b in 2026. If met, it would imply a notable 15% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 23% to US$4.14. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$3.44b and earnings per share (EPS) of US$4.07 in 2026. There doesn't appear to have been a major change in sentiment following the results, other than the modest lift to revenue estimates.

View our latest analysis for BWX Technologies

Even though revenue forecasts increased, there was no change to the consensus price target of US$208, suggesting the analysts are focused on earnings as the driver of value creation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on BWX Technologies, with the most bullish analyst valuing it at US$272 and the most bearish at US$173 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The analysts are definitely expecting BWX Technologies' growth to accelerate, with the forecast 12% annualised growth to the end of 2026 ranking favourably alongside historical growth of 7.7% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 8.5% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect BWX Technologies to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at US$208, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for BWX Technologies going out to 2027, and you can see them free on our platform here..

However, before you get too enthused, we've discovered 1 warning sign for BWX Technologies that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.