Core Insights - Analysts project that Curtiss-Wright (CW) will report quarterly earnings of $3.13 per share, reflecting a year-over-year increase of 17.2% [1] - Revenue is expected to reach $850.49 million, marking an 8.4% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised upward by 1.5% in the past 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics Forecast - Adjusted Sales for Aerospace & Industrial are estimated at $242.08 million, a 3.8% increase year over year [5] - Adjusted Sales for Naval & Power are projected to reach $355.61 million, reflecting a 10.1% year-over-year change [5] - Adjusted Sales for Defense Electronics are forecasted at $248.33 million, indicating an 8.7% increase year over year [6] Operating Income Estimates - Reported Operating Income for Naval & Power is expected to be $56.43 million, up from $46.28 million in the same quarter last year [6] - Reported Operating Income for Defense Electronics is estimated at $66.62 million, compared to $58.24 million in the same quarter last year [7] - Reported Operating Income for Aerospace & Industrial is projected at $40.36 million, an increase from $35.25 million in the same quarter last year [7] Stock Performance - Over the past month, Curtiss-Wright shares have returned +1%, matching the Zacks S&P 500 composite's +1% change [8] - Based on its Zacks Rank 2 (Buy), CW is expected to outperform the overall market in the upcoming period [8]
Stay Ahead of the Game With Curtiss-Wright (CW) Q2 Earnings: Wall Street's Insights on Key Metrics