NYSE$BW

Babcock & Wilcox Enterprises Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced results for the fourth quarter and full year 2020, reflecting the positive impact of strategic actions and cost savings initiatives despite COVID-19 impacts.

Babcock & Wilcox reported Q4 2020 revenues of $149.9 million with a net income of $4.6 million, and EPS of $0.09. The company's bookings for the quarter were $167 million. The company is confident in its ability to achieve adjusted EBITDA targets of $70-$80 million and $95-$105 million, in 2021 and 2022, respectively.

  • Revenues for Q4 2020 were $149.9 million.
  • Net income for Q4 2020 was $4.6 million.
  • Earnings per share for Q4 2020 were $0.09.
  • Bookings for Q4 2020 reached $167 million.

Headline financials

Total Revenue

$150M

Previous: $180M-16.9%
EPS (adj)

$0.09

Previous: $0.20-55.0%
Adjusted EBITDA

$16.1M

Previous: $19.3M-16.6%
Total Backlog

$535M

No prior period
Capital Expenditures

$5.96M

Previous: $2.17M+174.5%
Free Cash Flow

$20.5M

Previous: $22.6M-9.3%
Net Income

$4.6M

Previous: $12.4M-62.9%
Operating Income

$2.2M

Previous: $10M-78.0%
Gross Profit

$42.1M

Previous: $44.7M-5.8%
Cash & Equivalents

$57.3M

Previous: $43.8M+30.9%
Total Assets

$599M

Previous: $627M-4.4%

Revenue & EPS history

Babcock & Wilcox · Revenue · Quarterly

$150M

Q4 2020-16.9%vs Q4 2019
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Forward guidance

B&W is confident in its ability to achieve its previously stated adjusted EBITDA targets of $70-$80 million and $95-$105 million, in 2021 and 2022, respectively.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-3.9%

Avg return

Earnings day

-1.7%

Avg return

5 days after

+2.3%

Avg return

30 days after

46%

21 / 46 earnings

Positive

+45.8%

Q1 2025

Best reaction

-72.5%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+29.6%+49.9%+0.6%
Q4 2025+45.7%+66.5%+94.1%
Q3 2025+28.5%+84.5%+51.9%
Q1 2025+45.8%+21.9%+72.8%
Q4 2024-31.9%-51.0%-31.4%
Q3 2024-31.2%-32.7%-31.2%
Q2 2024+6.3%-4.5%+2.7%
Q1 2024+10.3%-2.6%+1.7%
Q4 2023-19.5%-6.3%+15.2%
Q3 2023-55.1%-44.0%-28.2%
Q2 2023+4.4%+6.5%+1.2%
Q1 2023-9.6%-7.6%-4.0%
Q4 2022+1.7%-3.3%+11.1%
Q3 2022+1.6%+11.4%+19.7%
Q2 2022-9.7%-2.0%-3.4%
Q1 2022-27.2%-14.0%+2.3%
Q4 2021+11.9%+16.3%+16.5%
Q3 2021+21.4%+31.9%+15.7%
Q2 2021+1.2%-7.2%-14.8%
Q1 2021+5.8%+11.4%+16.6%
Q4 2020+4.0%+9.5%+32.0%
Q3 2020+2.6%+14.2%+74.3%
Q2 2020-8.3%-4.7%-16.3%
Q4 2019-14.2%-26.7%-26.0%
Q3 2019-5.5%-5.9%-34.2%
Q2 2019-1.1%+1.4%-5.2%
Q1 2019-6.7%-14.4%-10.4%
Q4 2018-31.0%-15.6%+22.9%
Q3 2018+6.3%-9.1%-10.6%
Q2 2018-28.1%-27.0%-31.1%
Q1 2018-0.7%+1.1%-10.7%
Q4 2017-13.1%-9.4%-31.3%
Q3 2017+8.5%+8.2%+16.9%
Q2 2017-72.5%-70.5%-71.9%
Q1 2017+12.4%+8.1%+15.4%
Q4 2016-40.3%-39.4%-45.8%
Q3 2016-11.4%-15.9%-1.8%
Q2 2016+3.3%+7.6%+11.7%
Q1 2015-3.9%
Q1 2016-3.9%
Q4 2013-7.9%
Q4 2015-7.9%
Q3 2014-0.8%
Q3 2015-0.8%
Q2 2014+5.3%
Q2 2015+5.3%
Q1 2014

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