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Babcock & Wilcox: Q2 Earnings Snapshot
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Latest News – WTOP News
AKRON, Ohio (AP) — AKRON, Ohio (AP) — Babcock & Wilcox Enterprises Inc. (BW) on Monday reported second-quarter net income…AKRON, Ohio (AP) — AKRON, Ohio (AP) — Babcock & Wilcox Enterprises Inc. (BW) on Monday reported second-quarter net income of $14.3 million, after reporting a loss in the same period a year earlier.
The Akron, Ohio-based company said it had profit of 7 cents per share.
Earnings, adjusted for non-recurring gains, came to 4 cents per share.
Babcock & Wilcox shares have risen 40% since the beginning of the year.
In the final minutes of trading on Monday, shares hit $8.88, rising sixfold in the last 12 months.