Babcock & Wilcox Enterprises Gears Up For This autumn Print; Right here Are The Latest Forecast Modifications From Wall Road’s Most Correct Analysts – Babcock & Wilcox (NYSE:BW)

Babcock & Wilcox Enterprises, Inc. BW will launch its fourth-quarter monetary outcomes after the closing bell on Monday, March 31.

Analysts anticipate the Akron, Ohio-based firm to report quarterly loss at 5 cents per share, versus a year-ago lack of 18 cents per share. Babcock & Wilcox initiatives quarterly income of $213.07 million, in comparison with $227.2 million a yr earlier, in response to knowledge from Benzinga Professional.

On Feb. 6, Babcock & Wilcox’s Babcock & Wilcox building subsidiary was awarded $35 million in contracts for upkeep and repair work at energy crops and industrial services in North America.

Babcock & Wilcox shares dipped 7.6% to shut at $0.74 on Thursday.

Benzinga readers can entry the newest analyst rankings on the Analyst Inventory Rankings web page. Readers can type by inventory ticker, firm title, analyst agency, ranking change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the latest interval.

• Lake Road analyst Rob Brown maintained a Purchase ranking and minimize the value goal from $11 to $8 on April 11, 2024. This analyst has an accuracy price of 72%.
• DA Davidson analyst Brent Thielman maintained a Purchase ranking and slashed the value goal from $4 to $3.5 on March 19, 2024. This analyst has an accuracy price of 80%.

Contemplating shopping for BW inventory? Right here’s what analysts assume:

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