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Curtiss-Wright Q1 Adjusted Earnings, Sales Rise; 2024 Outlook Updated
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Curtiss-Wright Q1 Adjusted Earnings, Sales Rise; 2024 Outlook Updated
May 1, 2024 3:03 PM

05:58 PM EDT, 05/01/2024 (MT Newswires) -- Curtiss-Wright ( CW ) reported Q1 adjusted earnings late Wednesday of $1.99 per diluted share, up from $1.53 a year earlier.

Analysts polled by Capital IQ expected $1.74.

Net sales for the quarter ended March 31 rose to $713.2 million from $630.9 million a year earlier. Analysts surveyed by Capital IQ expected $664 million.

For 2024, the company said it now expects adjusted EPS of $10.10 to $10.40 on sales of $2.99 billion to $3.04 billion, compared with its prior ranges of $10.00 to $10.30 and $2.96 billion to $3.01 billion, respectively.

The consensus is for EPS of $10.23 on revenue of $2.99 billion.

Price: 258.00, Change: +1.02, Percent Change: +0.40

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