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Benzinga
144 days

Babcock & Wilcox Enterprises Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. BW to release Q4 financial results on March 31. 2. Expected loss of $0.05 per share, improved from $0.18 last year. 3. Projected revenue decline to $213.07 million from $227.2 million. 4. $35 million contracts awarded for maintenance in North America. 5. Shares fell 7.6% to $0.74 recently.

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FAQ

Why Bearish?

A projected loss and decreasing revenue could weigh on investor sentiment. Historical context shows similar losses led to stock declines.

How important is it?

Earnings results are pivotal for BW's stock price and investor strategy. Concerns over losses directly affect market perception.

Why Short Term?

Upcoming earnings report will likely influence stock performance immediately. Examples include stocks dropping post-earnings on disappointing forecasts.

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