ET 22:54

Curtiss-Wright (CW) Q4 Earnings: Revenue Up 8% Y/Y, EPS $3.69 Expected

IMP7.0
SNT+1.0
CONF80%
Earnings

Curtiss-Wight (NYSE:CW) reports earnings Wednesday after the bell. Q3 revenue of $869.2 million, up 8.8% year-on-year, missed revenue guidance by 0.5% but beat adjusted operating income and top-line expectations. For Q4, revenue is forecast to rise 8% YoY to $890.4 million, and adjusted EPS to $3.69/share. The company has exceeded Wall Street’s revenue estimates twice in the past two years. Aerospace peers Boeing and Woodward posted strong gains, while Curtiss-Wright is up 6.8% in the last month versus an average analyst price target of $638.14, trading at $668.07.

EditorWong Mei Ling