Curtiss-Wright Corporation (CW) shares rose 4.4% to reach $268.17 on May 3 following the release of its first-quarter 2024 results.  The company reported first-quarter earnings per share (EPS) of $1.99, which surpassed the Zacks Consensus Estimate of $1.75 by 13.7%. The bottom line also improved 34.5% from the year-ago quarter’s level of $1.48.Operational PerformanceIn the quarter under review, the company’s net sales of $713.2 million went up 13% year over year. Also, the top line surpassed the Zacks Conse ...

Curtiss-Wright Corporation (NYSE:CW) Q1 2024 Earnings Call Transcript May 2, 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 Nathan Jones - Stifel Greg Dahlberg - Wolfe Research Louie DiPalma - William Blair Sam Struhsaker - Truist Tony Bancroft - Gabelli Funds Jan Engelbrecht - Baird Operator Welcome everyone to the Curtiss-Wright First Quarter 2024 Earnings Conference Call. At this time, all participants have bee ...

– Exceeded expectations due to strong operational performance in Defense Electronics despite headwind in Naval & Power segment Q1 2024 Earnings Presentation Q1 2024 EARNINGS CONFERENCE CALL This presentation also includes certain non-GAAP financial measures with reconciliations to GAAP financial measures being made available in the earnings release and this presentation that are posted to our website and furnished with the SEC. We undertake no duty to update this information. More information about potentia ...

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) 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 March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For th ...

Curtiss-Wright Corporation, Page 1 Exhibit 99.1 CURTISS-WRIGHT REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS AND INCREASES FULL-YEAR 2024 GUIDANCE FOR SALES, OPERATING INCOME AND EPS DAVIDSON, N.C. – May 1, 2024 – Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: Raised Full-Year 2024 Financial Guidance: "Curtiss-Wright delivered strong first quarter 2024 results, exceeding our overall expectations, highlighted by signif ...

For the quarter ended March 2024, Curtiss-Wright (CW) reported revenue of $713.17 million, up 13.1% over the same period last year. EPS came in at $1.99, compared to $1.53 in the year-ago quarter.The reported revenue represents a surprise of +7.24% over the Zacks Consensus Estimate of $665.04 million. With the consensus EPS estimate being $1.75, the EPS surprise was +13.71%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Curtiss-Wright (CW) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.71%. A quarter ago, it was expected that this engineering firm would post earnings of $2.92 per share when it actually produced earnings of $3.16, delivering a surprise of 8.22%.Over the last four quarters, the com ...

Curtiss-Wright Corp.’s (CW) precision components are supplied to the aerospace, defense, general industrial and power generation markets, and the increasing adoption of nuclear power and alternative energy sources acts as a tailwind, boosting its performance. Given its growth prospects, CW makes for a solid investment option in the aerospace sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Growth Projections & Surprise HistoryThe Zacks Conse ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Curtiss-Wright (CW) , which belongs to the Zacks Aerospace - Defense Equipment industry.This engineering firm has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.59%.For the most recent quarter, Curtiss-Wright was expected to post earnings of $2.92 per ...

Curtiss-Wright Corporation (CW) recently announced that it has completed the acquisition of WSC, Inc. The transaction was valued at approximately $34 million.Rationale Behind the SaleCurtiss-Wright’s decision to acquire WSC’s business underscores its commitment to focus on its Naval & Power business. The buyout will help CW in achieving long-term profitable growth and strong free cash flow. In 2023, Naval & Power contributed a total of 40% to Curtiss Wright’s total sales.With the acquisition, Curtiss-Wright ...