Curtiss-Wright (CW) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Curtiss-Wright due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Curtiss-Wright is expected to report quarterly earnings of $3.08 per share, reflecting a year-over-year decrease of 2.5% [3]. - Revenue projections stand at $785.49 million, indicating no change from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.14% over the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +1.24% suggests analysts have recently become more optimistic about Curtiss-Wright's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [8]. - Curtiss-Wright currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Curtiss-Wright exceeded the expected earnings of $2.70 per share by delivering $2.97, resulting in a surprise of +10% [12]. - The company has successfully beaten consensus EPS estimates in each of the last four quarters [13]. Market Dynamics - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment [14]. - Despite the potential for an earnings beat, it is essential to consider additional factors before making investment decisions regarding Curtiss-Wright [16].