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Stock impact report

Babcock & Wilcox Announces First Quarter 2017 Results

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Business Wire
- Power segment in line with expectations; gross margin performance remains solid- Strong Industrial bookings led by B&W SPIG's U.S. awards- Renewable segment on target- Maintaining 2017 adjusted EPS guidance CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) announced today first quarter 2017 revenues of $391.1 million, a decrease of $13.0 million, or 3.2%, compared to the first quarter of 2016. GAAP earnings per share in first quarter 2017 were a loss of $0.14 compared to earnings per share of $0.20 in first quarter 2016. Adjusted earnings per share were $0.04 for the three months ended March 31, 2017 compared to adjusted earnings per share of $0.29 in the prior year period. A reconciliation of non-GAAP results is detailed in Exhibit 1. "First quarter results were slightly ahead of our expectations driven by good gross margin performance in Power and discip Show less Read more
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