Babcock & Wilcox Enterprises Inc. Q1 Profit Climbs 4%

(RTTNews) - Babcock & Wilcox Enterprises Inc. (BW) announced earnings for its first quarter that gained ground from last year.

The company said its bottom line rose to $14.3 million, or $0.27 per share. This was higher than $13.8 million, or $0.26 per share, in last year's first quarter.

The company said revenue for the quarter rose 1.7% to $404.1 million. This was up from $397.2 million last year.

Babcock & Wilcox Enterprises Inc. earnings at a glance:

-Earnings (Q1): $14.3 Mln. vs. $13.8 Mln. last year. -Earnings Growth (Y-o-Y): 3.6% -EPS (Q1): $0.27 vs. $0.26 last year. -EPS Growth (Y-o-Y): 3.8% -Revenue (Q1): $404.1 Mln vs. $397.2 Mln last year. -Revenue Change (Y-o-Y): 1.7%

-Guidance: Full year EPS guidance: $1.25 - $1.45