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Strength Seen in Curtiss-Wright (CW): Can Its 3.3% Jump Turn into More Strength?
ZACKS· 2024-09-23 15:51
Curtiss-Wright (CW) shares ended the last trading session 3.3% higher at $328.50. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.5% gain over the past four weeks. Curtiss-Wright's long-term growth opportunities in the global nuclear market remain solid. A shift toward adopting alternative energy sources is evident to reduce the emission of greenhouse gases. Electricity generated from nuclear power plants is amon ...
Reasons to Add Curtiss-Wright Stock to Your Portfolio Now
ZACKS· 2024-09-23 13:20
Curtiss-Wright Corp. (CW) , with rising earnings estimates, robust ROE and a strong dividend history, offers a great investment opportunity in the Zacks Aerospace Defense Equipment industry. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections & Surprise History of CW The Zacks Consensus Estimate for CW's 2024 earnings per share has increased 2.9% to $10.55 per share over the past 60 days. The Zacks Consensus Estimate for its 2024 r ...
Curtiss-Wright: Strong Growth, But Valuation Is A Downside Risk
Seeking Alpha· 2024-09-16 15:44
Stocktrek/DigitalVision via Getty Images Curtiss-Wright Corporation (NYSE:CW) is a diversified industrial firm that focuses on engineered products, solutions, and services to the aerospace and defense sector as well as services to commercial power, process, and industrial markets. With a market cap of $11.87 billion, CW is a mid-sized player in the sector that has been around for almost a century. Most of its sales (76%) come from North America, but it also has a significant presence in Europe and Asia, inc ...
Curtiss-Wright (CW) Up 5.1% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-09-06 16:37
A month has gone by since the last earnings report for Curtiss-Wright (CW) . Shares have added about 5.1% in that time frame, outperforming 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 drivers. Curtiss-Wright Beats on Q2 Earnings, Hikes '24 S ...
Curtiss-Wright Secures a $26M Deal From Belgian Air Force
ZACKS· 2024-09-04 16:30
Curtiss-Wright Corporation (CW) recently clinched a $26 million multi-year contract from the Belgian Air Force to modernize its aircraft arresting systems. The contract also offers a range of services, overhauls, repairs and replacement parts to support the military flying operations of the Belgian Air Force. About CW's Contract Per the deal, Curtiss-Wright will supply three airbases with new cable systems and associated turnkey services to facilitate the impending F-35 delivery to Belgium and ensure the sa ...
Curtiss-Wright Corporation (CW) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-08-26 14:15
Have you been paying attention to shares of Curtiss-Wright (CW) ? Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $310.72 in the previous session. Curtiss-Wright has gained 39.1% since the start of the year compared to the 3.5% move for the Zacks Aerospace sector and the 22.2% return for the Zacks Aerospace - Defense Equipment industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't mi ...
Curtiss-Wright (CW) Beats on Q2 Earnings, Hikes '24 Sales View
ZACKS· 2024-08-09 14:11
Curtiss-Wright Corporation's (CW) shares rose 6.9% to reach $286.66 on Aug 8 following the release of its second-quarter 2024 results. The company reported second-quarter adjusted earnings per share (EPS) of $2.67, which surpassed the Zacks Consensus Estimate of $2.24 by 19.2%. The bottom line also improved 24.2% from the year-ago quarter's level of $2.15. The company reported GAAP earnings of $2.58 per share, up 22.9% from the prior-year period's earnings of $2.10. The year-over-year upside can be attribut ...
Curtiss-Wright(CW) - 2024 Q2 - Earnings Call Transcript
2024-08-08 18:14
Curtiss-Wright Corporation (NYSE:CW) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Jim Ryan - VP of IR Lynn Bamford - Chair and CEO Chris Farkas - VP and CFO Conference Call Participants Kristine Liwag - Morgan Stanley Michael Ciarmoli - Truist Securities Nathan Jones - Stifel Peter Arment - Baird Greg Dahlberg - Wolfe Research Tony Bancroft - Gabelli Funds Louie DiPalma - William Blair Operator Welcome to the Curtiss-Wright Second Quarter 2024 Earnings Conference Call. At ...
Curtiss-Wright(CW) - 2024 Q2 - Quarterly Report
2024-08-08 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 June 30, 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 ju ...
Curtiss-Wright(CW) - 2024 Q2 - Quarterly Results
2024-08-08 11:30
Curtiss-Wright Corporation, Page 1 Exhibit 99.1 NEWS RELEASE CURTISS-WRIGHT REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS AND RAISES FULL-YEAR 2024 GUIDANCE DAVIDSON, N.C. – August 7, 2024 – Curtiss-Wright Corporation (NYSE: CW) reports financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: • Reported sales of $785 million, up 11%; • Reported operating income of $129 million, operating margin of 16.4%, and diluted earnings per share (EPS) of $2.58; • Adjusted operating ...