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Babcock & Wilcox (BW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Babcock & Wilcox Enterprises, Inc. (NYSE:BW ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Sharyn Brooks - Director, Communications Kenny Young - Chairman and CEO Lou Salamone - CFO Conference Call Participants Aaron Spychalla - Craig-Hallum Capital Group Brent Thielman - D.A. Davidson Alex Rygiel - B.
Babcock & Wilcox (BW) delivered earnings and revenue surprises of -700% and 0.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Babcock & Wilcox's (BW) third-quarter results are likely to benefit from expansion into the clean energy space, offset by weakness in Asian markets as well as global supply chain issues.
Babcock & Wilcox (BW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Recently, Zacks.com users have been paying close attention to Babcock & Wilcox (BW). This makes it worthwhile to examine what the stock has in store.
Babcock & Wilcox continues to see its revenue grow as they complete their change in focus. Renewable energy demand remains robust, while traditional boilers continue to be a mainstay in power generation.
In the near term, the company should benefit from the strong order backlog and healthy demand in the end markets. Over the next three years, the company should benefit from the $7.5 bn pipeline of identified global project opportunities.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Babcock & Wilcox (BW) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
AKRON, Ohio--(BUSINESS WIRE)---- $BW #renewableenergy--B&W management is scheduled to present Friday, September 23, from 11 - 11:30 a.m. ET, with one-on-one meetings to be held throughout the conference.