A month has gone by since the last earnings report for Curtiss-Wright (CW) . Shares have added about 2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Curtiss-Wright due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Curtiss-Wright  Q4 Earnings Beat, Sales Increas ...

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Curtiss-Wright (CW) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual inves ...

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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 other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 130 Harbour Place Drive, Suite 300 Davidson, North Carolina 28036 (Address of principal executive offices) (Zip Code) Registrant's teleph ...

Shares of Curtiss-Wright Corporation (CW) rose 0.7% to reach $236.37 on Feb 15, following the release of its fourth-quarter 2023 results. The company reported fourth-quarter adjusted earnings per share (EPS) of $3.16, which surpassed the Zacks Consensus Estimate of $2.92 by 8.2%. The bottom line improved 8.2% from the year-ago quarter’s level of $2.92.The company reported a GAAP EPS of $3.11, up from $2.82 in the year-ago quarter.For 2023, the company generated EPS of $9.38, up from $8.13 recorded in 2022.O ...

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Citi 2024 Global Industrial Tech and Mobility Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, February 22, 2024, at 9:40am ET. There will be no formal presentation at this event. A link to the webcast and a copy of the latest s ...

Financial Performance & Guidance - Curtiss-Wright achieved sales of $786 million, a 4% increase overall in Q4 2023[7] - The company's full-year 2023 sales reached $2.8 billion, up 11%[12] - Diluted EPS for 2023 was $9.38, a 15% increase[7] - The company anticipates 2024 sales to be between $2960 million and $3010 million, representing a 4%-6% increase[20] - Diluted EPS for 2024 is projected to be between $1000 and $1030, a 7%-10% increase[20] Segment Performance & Growth Drivers - Aerospace & Industrial segment saw a 20% growth in Commercial Aerospace OEM in Q4 2023[14] - Aerospace & Defense markets accounted for 67% of total 2024 CW End Markets sales, totaling $1.90 billion to $2.02 billion[2, 49] - Commercial markets represented 33% of total 2024 CW End Markets sales, amounting to $0.94 billion to $0.97 billion[2, 49] - The company expects a 5%-7% growth in Aerospace & Defense markets and a 2%-4% growth in Commercial markets for 2024[16] Strategic Outlook - Curtiss-Wright is targeting an operating margin expansion of 0-20 bps, reaching 174%-176% in 2024[23] - The company's strong backlog and supply chain improvements are expected to drive growth in the Defense market[19] - The company is focused on generating profitable growth and maintaining a strong free cash flow conversion rate of approximately 110%[20, 23]

Curtiss-Wright Corporation (NYSE:CW) Q4 2023 Earnings Conference Call February 15, 2024 10:00 AM ET Company Participants Jim Ryan - Vice President, Investor Relations Lynn Bamford - Chair and Chief Executive Officer Chris Farkas - Vice President and Chief Financial Officer Conference Call Participants Myles Walton - Wolfe Research Adam Farley - Stifel Peter Arment - Baird Michael Ciarmoli - Truist Louie DiPalma - William Blair Operator Welcome to the Curtiss-Wright Fourth Quarter and Full Year 2023 Earnings ...