Curtiss-Wright(US:CW)2025-07-09 09:38Q1 2022 Performance - Sales reached $559 million, impacted by the timing of Defense revenues[5] - New orders increased by 12%, resulting in a book-to-bill ratio exceeding 1.1x[5] - Adjusted diluted EPS was $1.31, surpassing expectations[5] - Total sales decreased by 5% from $590 million in Q1'21 to $559 million in Q1'22[7] Segment Performance (Q1 2022 vs Q1 2021) - Aerospace & Industrial sales increased by 8%, from $178 million to $191 million[7] - Defense Electronics sales decreased by 22%, from $182 million to $143 million[7] - Naval & Power sales decreased by 2%, from $230 million to $225 million[7] - Aerospace & Industrial margin increased by 260 bps to 13.0%[7] - Defense Electronics margin decreased by 460 bps to 16.3%[7] - Naval & Power margin decreased by 320 bps to 14.5%[7] FY 2022 Guidance - The company maintains FY'22 adjusted guidance, projecting sales growth of 3% - 5%[6] - The company anticipates EPS growth of 10% - 12%[6] - Aerospace & Industrial sales are projected to grow by 4% - 6%, reaching $805 - $825 million[10] - Defense Electronics sales are projected to grow by 2% - 4%, reaching $745 - $760 million[10] - Naval & Power sales are projected to grow by 2% - 3%, reaching $980 - $995 million[10] - The company expects operating margin to increase by 10 - 30 bps to 17.1% - 17.3%[14]