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Curtiss-Wright (CW) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 00:25
Core Insights - Curtiss-Wright reported quarterly earnings of $2.82 per share, exceeding the Zacks Consensus Estimate of $2.39 per share, and up from $1.99 per share a year ago, representing an earnings surprise of 17.99% [1] - The company achieved revenues of $805.65 million for the quarter, surpassing the Zacks Consensus Estimate by 5.01%, and an increase from $713.17 million year-over-year [2] - The stock has increased approximately 2.4% since the beginning of the year, contrasting with a -4.7% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.92, with expected revenues of $835.53 million, and for the current fiscal year, the EPS estimate is $12.16 on revenues of $3.34 billion [7] - The estimate revisions trend for Curtiss-Wright is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Aerospace - Defense Equipment industry is currently ranked in the top 14% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, CAE, is expected to report quarterly earnings of $0.31 per share, reflecting a year-over-year increase of 244.4%, with revenues projected at $906.71 million, up 8.5% from the previous year [9][10]
Curtiss-Wright (CW) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-30 15:08
Company Overview - Curtiss-Wright (CW) is expected to report a year-over-year increase in earnings due to higher revenues for the quarter ended March 2025, with a consensus EPS estimate of $2.39, reflecting a +20.1% change [1][3] - Revenues are anticipated to reach $767.2 million, representing a 7.6% increase from the previous year [3] Earnings Expectations - The earnings report is scheduled for release on May 7, 2025, and could influence stock movement depending on whether the results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 0.19% lower in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Curtiss-Wright is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.12%, suggesting a likelihood of beating the consensus EPS estimate [10][11] - The company holds a Zacks Rank of 3, which indicates a neutral outlook [11] Historical Performance - In the last reported quarter, Curtiss-Wright exceeded the expected EPS of $3.08 by delivering $3.27, resulting in a surprise of +6.17% [12] - Over the past four quarters, the company has consistently beaten consensus EPS estimates [13] Industry Context - In the Zacks Aerospace - Defense Equipment industry, Astronics Corporation (ATRO) is expected to post earnings of $0.25 per share for the same quarter, indicating a significant year-over-year change of +377.8% [17] - Astronics' consensus EPS estimate has been revised 16.1% lower in the last 30 days, and it has an Earnings ESP of 0.00% combined with a Zacks Rank of 1, making predictions about beating the consensus EPS challenging [18]
Curtiss-Wright Secures $18M Contract for Tactical Communications
ZACKS· 2025-03-07 17:36
Core Viewpoint - Curtiss-Wright Corporation (CW) has secured an $18 million contract from the U.S. Marine Corps to provide tactical communications technology for the Combat Data Network program, highlighting the company's reliability in military communications solutions [1][3]. Group 1: Details of CW's Deal - The contract involves supplying the PacStar 400-Series technology, which includes the PacStar 451 Server, PacStar 453 GPU Enhanced Server, and PacStar 448 10-port 10 GbE Switch modules, designed for efficient tactical edge operations [2]. - These technologies enhance mobility, deployment speed, transmission rates, and data access, showcasing their small form factor and ruggedized design [2]. Group 2: Growth Potential - The increasing geopolitical tensions necessitate secure and efficient information exchange on the battlefield, making military communication a critical focus for nations [4]. - The Military Communications market is projected to grow at a CAGR of 5.9% from 2025 to 2030, presenting significant growth opportunities for Curtiss-Wright [5]. Group 3: Opportunities for Other Defense Companies - Northrop Grumman (NOC) is expected to benefit from military communication spending with its Enhanced Polar System, which provides tactical communications in polar regions [7]. - General Dynamics Corporation (GD) offers the Digital Modular Radio, a software-defined radio adopted by the U.S. military, indicating its adaptability in tactical communication [9]. - BAE Systems (BAESY) provides the Network Tactical Common Data Link, facilitating real-time intelligence exchange, and is projected to see substantial sales growth [10][11]. Group 4: CW Stock Performance - Over the past year, Curtiss-Wright's shares have increased by 29.7%, outperforming the industry growth of 24.3% [12].
Curtiss-Wright Q4 Earnings Beat Estimates, Sales Increase Y/Y
ZACKS· 2025-02-17 15:41
Shares of Curtiss-Wright Corporation (CW) lost 5.5% to reach $323.20 on Feb. 14, following the release of its fourth-quarter 2024 results.The company reported adjusted earnings per share (EPS) of $3.27, which beat the Zacks Consensus Estimate of $3.08 by 6.2%. The bottom line also improved 3.5% from the year-ago quarter’s level of $3.16 per share.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company reported GAAP earnings of $3.09 per share, down 0.6% from the prior-year period’ ...
Curtiss-Wright(CW) - 2024 Q4 - Earnings Call Presentation
2025-02-13 21:56
Q4 2024 EARNINGS CONFERENCE CALL February 13, 2025 ▪ Sales of $824M, up 5% ▪ Operating Income of $163M; Strong Operating Margin of 19.8% ▪ Diluted EPS of $3.27, up 3% ▪ Strong FCF of $278M; 223% conversion ▪ New Orders of $939M, up 37% – ~1.1x Book-to-Bill SAFE HARBOR STATEMENT Please note that the information provided in this presentation is accurate as of the date of the original presentation. The presentation will remain posted on this website from one to twelve months following the initial presentation, ...
Curtiss-Wright(CW) - 2024 Q4 - Earnings Call Transcript
2025-02-13 21:56
Curtiss-Wright Corporation (NYSE:CW) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Jim Ryan - Vice President, Investor Relations Lynn Bamford - Chair and CEO Chris Farkas - Vice President and CFO Conference Call Participants Nathan Jones - Stifel Mike Ciarmoli - Truist Securities Myles Walton - Wolfe Research Jason Gursky - Citigroup Peter Arment - Baird Pete Skibitski - Alembic Global Bryce Sandberg - William Blair Operator Welcome to the Curtiss-Wright Fourth Quarter ...
Curtiss-Wright(CW) - 2024 Q4 - Annual Report
2025-02-13 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 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 jurisdic ...
Curtiss-Wright(CW) - 2024 Q4 - Annual Results
2025-02-13 12:30
Curtiss-Wright Corporation, Page 1 Exhibit 99.1 NEWS RELEASE CURTISS-WRIGHT REPORTS FOURTH QUARTER AND FULL-YEAR 2024 FINANCIAL RESULTS; ISSUES FULL-YEAR 2025 GUIDANCE REFLECTING HIGHER SALES, OPERATING MARGIN EXPANSION AND DOUBLE-DIGIT EPS GROWTH Company Delivers Record FY24 Sales, Profitability, EPS, Free Cash Flow and Orders DAVIDSON, N.C. – February 12, 2025 – Curtiss-Wright Corporation (NYSE: CW) reports financial results for the fourth quarter and full-year ended December 31, 2024. Full-Year 2024 High ...
Curtiss-Wright (CW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-02-13 01:01
Curtiss-Wright (CW) reported $824.31 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 4.9%. EPS of $3.27 for the same period compares to $3.16 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $785.49 million, representing a surprise of +4.94%. The company delivered an EPS surprise of +6.17%, with the consensus EPS estimate being $3.08.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...
Curtiss-Wright (CW) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-12 23:50
Curtiss-Wright (CW) came out with quarterly earnings of $3.27 per share, beating the Zacks Consensus Estimate of $3.08 per share. This compares to earnings of $3.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.17%. A quarter ago, it was expected that this engineering firm would post earnings of $2.70 per share when it actually produced earnings of $2.97, delivering a surprise of 10%.Over the last four quarters, the compan ...