Why Did BWX Technologies Stock Drop Today?
BWX Technologies (NYSE: BWXT), which manufactures components for nuclear power plants, tumbled 4.5% through 10:35 a.m. ET Tuesday.
The thing is, BWX Technologies just reported its Q3 earnings -- and the company beat on earnings!
Heading into its Q3 report, analysts forecast BWX to earn $0.86 per share on $796.6 million in sales. In fact, BWX $1 per share, and sales topped $866.3 million. Then BWX went on to raise guidance as well!
Source Fool.com
