Curtiss-Wright(CW)
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Countdown to Curtiss-Wright (CW) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Zacks Investment Research· 2024-02-09 15:21
The upcoming report from Curtiss-Wright (CW) is expected to reveal quarterly earnings of $2.92 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $737.33 million, representing a decrease of 2.7% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings ...
Curtiss-Wright Declares Dividend of $0.20 Per Share for Common Stock
Businesswire· 2024-02-08 21:30
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors declared a dividend of twenty cents ($0.20) per share on Curtiss-Wright Common Stock, payable April 15, 2024 to stockholders of record as of March 28, 2024. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologie ...
Recent Price Trend in Curtiss-Wright (CW) is Your Friend, Here's Why
Zacks Investment Research· 2024-02-06 14:51
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...
Moog (MOG.A) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-01-26 15:06
Moog (MOG.A) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.08%. A quarter ago, it was expected that this aerospace contractor would post earnings of $1.71 per share when it actually produced earnings of $2.10, delivering a surprise of 22.81%.Over the last four quarters, the compan ...
Curtiss-Wright(CW) - 2022 Q4 - Earnings Call Presentation
2023-11-07 16:19
Green Initiatives / Emissions Reduction Fuel Efficiency 18% 15% 29% 18% 9% 11% 11% 2023E Sales Commercial Aerospace 9 Note: Amounts shown for % of Total Sales may not add due to rounding. Investor Presentation 2023 9 P O W E R & P R O C E S S M A R K E T RENEWING THE CORE & ALIGNING TO NEXT-GEN TECHNOLOGIES STRONG & RELEVANT PRODUCT PORTFOLIO Enhancing Power Plant Efficiency And Reliability Long-standing Aftermarket Presence Critical Supplier to the World's Safest Commercial Nuclear Reactor Reactor Coolant ...
Curtiss-Wright(CW) - 2023 Q3 - Earnings Call Transcript
2023-11-05 18:25
Curtiss-Wright Corporation (NYSE:CW) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Jim Ryan - Vice President, Investor Relations Lynn Bamford - Chair & Chief Executive Officer Chris Farkas - Vice President & Chief Financial Officer Conference Call Participants Peter Arment - Baird Kristine Liwag - Morgan Stanley Nathan Jones - Stifel Peter Osterland - Truist Greg Dahlberg - Wolf Research Louie DiPalma - William Blair Operator Welcome to the Curtiss-Wright Third Quarter 2 ...
Curtiss-Wright(CW) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________ to _______ Commission File Number 1-134 CURTISS-WRIGHT CORPORATION (Exact name of Registrant as specified in its charter) Delaware 13-0612970 (State or oth ...
Curtiss-Wright(CW) - 2023 Q2 - Earnings Call Transcript
2023-08-05 18:25
Financial Data and Key Metrics Changes - Sales increased 16% overall to $704 million and improved 12% organically, reflecting strength across all end markets [83][84] - Operating income increased 77%, with operating margin improving 540 basis points due to favorable absorption on strong sales growth [86] - Full year adjusted diluted EPS guidance raised to a range of $8.90 to $9.15, representing an increase of 10% to 13% [10][11] Business Line Data and Key Metrics Changes - Aerospace and Defense segment saw a 23% growth driven by improved supply chain conditions and strong conversion on backlog [83][92] - Commercial aerospace experienced 20% sales growth due to strong OEM demand for sensors and surface treatment services [83][92] - Defense Electronics segment sales increased 32%, reflecting improving supply chain conditions and strong order activity [93] - Naval and Power segment reported 12% sales growth, driven by the arresting systems business and commercial nuclear market [94][95] Market Data and Key Metrics Changes - The order book grew 8% year-over-year, with a book-to-bill ratio of 1.2x in Q2 2023 [3] - Total sales in aerospace and defense markets are expected to increase by 9% to 11% [6] - The general industrial market is expected to see sales growth of 3% to 5%, primarily driven by improved on-highway sales [99] Company Strategy and Development Direction - The company is focused on executing its "Pivot to Growth" strategy to drive long-term profitable growth [108] - Increased investment in R&D is planned to support operational excellence and future growth [66][78] - The company aims to secure new contracts for reactor coolant pumps within the next two to four years, capitalizing on the growing commercial nuclear market [110][112] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the supply chain recovery and its positive impact on future performance [54][66] - The company anticipates a strong finish to 2023, with expectations for record sales, profitability, and new orders [26][108] - Management highlighted the importance of customer satisfaction and collaboration in navigating supply chain challenges [40][42] Other Important Information - Free cash flow outlook raised to a range of $370 million to $400 million, reflecting strong growth of 25% to 36% [11] - The company is actively pursuing M&A opportunities, with ongoing evaluations of potential acquisitions [44] Q&A Session Summary Question: What is the outlook for the defense electronics business? - Management indicated a strong order book with $945 million in orders over the last 12 months, providing confidence for growth in 2024 [30][64] Question: How is the supply chain recovery impacting operations? - Management noted significant improvements in supply chain conditions, which have positively influenced order fulfillment and customer satisfaction [54][66] Question: What are the expectations for the nuclear market? - Management expects to secure substantial contracts in the commercial nuclear sector, with a focus on advanced small modular reactors [110][112]
Curtiss-Wright(CW) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
PART II – OTHER INFORMATION CURTISS-WRIGHT CORPORATION and SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (In thousands) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 FORM 10-Q ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _________ to _______ CURTISS-WRIGHT CORPORATION (Exact name of Registrant as specified i ...
Curtiss-Wright(CW) - 2023 Q1 - Earnings Call Transcript
2023-05-05 20:50
Curtiss-Wright Corporation (NYSE:CW) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Jim Ryan - Vice President, Investor Relations Lynn Bamford - Chair & Chief Executive Officer Chris Farkas - Vice President & Chief Financial Officer Conference Call Participants Kristine Liwag - Morgan Stanley Peter Arment - Baird Myles Walton - Wolfe Research. Michael Ciarmoli - Truist Securities Tony Bancroft - Gabelli Funds Adam Farley - Stifel Operator Welcome to the Curtiss-Wright First Q ...