BWX Tech's Q1 Surge: Sales Up 26%, Earnings Top Estimates

BWX Technologies kicked off 2026 with a strong first quarter, reporting a 26.1% sales increase to $860.2 million, beating Wall Streets estimates. Adjusted earnings per share hit $1.12, surpassing expectations by 21%. Government operations, which account for two-thirds of revenue, saw significant growth, while commercial ops remained robust. Despite a slight dip in margins, free cash flow improved. The company raised full-year guidance, now targeting adjusted EPS of $4.68 and EBITDA of $657.5 million. The backlog surged 77% to $8.65 billion, indicating a steady pipeline of work. Analysts predict 14% revenue growth in the coming year. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bfe699ed030cf39f