Curtiss-Wright (CW) came out with quarterly earnings of $2.67 per share, beating the Zacks Consensus Estimate of $2.24 per share. This compares to earnings of $2.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 19.20%. A quarter ago, it was expected that this engineering firm would post earnings of $1.75 per share when it actually produced earnings of $1.99, delivering a surprise of 13.71%. Over the last four quarters, the ...

The consensus EPS estimate for the quarter has been revised 0.36% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Does Earnings Surprise History Hold Any Clue? While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insig ...

The second-quarter reporting cycle of 2024 for aerospace-defense stocks, housed within the broader Zacks Aerospace sector, has already started with a handful of major defense contractors having delivered mixed results. While companies like Lockheed Martin, Northrop Grumman and Textron delivered better-than-expected earnings, General Dynamics lagged estimates. A handful of defense stocks like Leidos Holdings (LDOS) , Curtiss-Wright Corporation (CW) , Embraer (ERJ) and Huntington Ingalls Industries (HII) , wh ...

Columbia, MD, June 26, 2024 (GLOBE NEWSWIRE) -- Owl Cyber Defense Solutions ("Owl"), the global market leader in trusted cross domain data transfer for critical networks, and Curtiss-Wright's Defense Solutions Division ("Curtiss-Wright"), the trusted, proven leader in communications and processing systems for the tactical edge, today announced the successful integration of Owl's U.S. Government-approved CDFMV video cross domain solution and Curtiss-Wright's PacStar® 454 GPU-enhanced rugged, small form-facto ...

Columbia, MD, June 26, 2024 (GLOBE NEWSWIRE) -- Owl Cyber Defense Solutions ("Owl"), the global market leader in trusted cross domain data transfer for critical networks, and Curtiss-Wright's Defense Solutions Division ("Curtiss-Wright"), the trusted, proven leader in communications and processing systems for the tactical edge, today announced the successful integration of Owl's U.S. Government-approved CDFMV video cross domain solution and Curtiss-Wright's PacStar® 454 GPU-enhanced rugged, small form-facto ...

Curtiss-Wright Corp.'s (CW) expertise in supplying precision components to the aerospace, defense, general industrial and power generation markets is boosting its performance. The increasing adoption of alternative energy sources worldwide, which is fueling the value of nuclear technology, acts as a tailwind for the company. Given its growth prospects, CW makes for a solid investment option in the aerospace sector. Growth Projections & Surprise History Return on Equity Solvency & Liquidity The company's cur ...

Curtiss-Wright Corporation (CW) recently clinched a $16 million contract from Iron Bow to offer the United States Air Force ("USAF") a comprehensive solution for optimizing and improving deployable communications. The work related to this contract will be performed through 2027. About the Contract Per the terms of the contract, Curtiss-Wright will supply the USAF with its PacStar 400 series modules and Commercial Solutions for Classified (CSfC) integration. The estimated lifetime value of the contract is mo ...

Anadmist/iStock via Getty Images In November 2023, I covered Curtiss-Wright (NYSE:CW) with a buy rating and the stock price performance has been quite favorable since that buy rating, with a 36.5% return, compared to a 21.6% return for the S&P 500. Since the stock price now exceeds the multi-year stock price target established last year and the company recently reported first quarter earnings, I am revisiting the investment case for Curtiss-Wright and adjust my target and rating, if necessary. Curtiss-Wrigh ...

Curtiss-Wright Corporation (CW) announced that its board of directors approved a hike in its quarterly dividend to 21 cents per share, reflecting an increase of 5% from the prior payout. With the current hike, Curtiss-Wright will now pay out an annual dividend of 84 cents per share. This signifies Curtiss-Wright's strength in the business to generate enough cash flow to reward shareholders with improved dividend payouts. Curtiss-Wright Enhances Shareholders Value Curtiss-Wright's emphasis on returning cash ...

Wall Street had a great first quarter but volatility appears to have returned to markets amid concerns over inflation. Although all three major indexes are holding ground, investors are unsure about the Federal Reserve's next move. Inflation, which declined sharply in 2023, has resumed its climb, increasing for the third straight month. The consumer price index (CPI) rose 3.5% year over year in March after increasing 3.1% and 3.2% in January and February, respectively. On May 10, Curtiss-Wright Corporation ...