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Curtiss-Wright Reaffirms 2024 Guidance; Provides New Long-Term Financial Targets
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Curtiss-Wright Reaffirms 2024 Guidance; Provides New Long-Term Financial Targets
May 21, 2024 6:41 AM

09:00 AM EDT, 05/21/2024 (MT Newswires) -- Curtiss-Wright ( CW ) on Tuesday reaffirmed its financial guidance for 2024 and said it expects to achieve 3-year earnings per share compound annual growth above 10% and organic revenue growth above 5% through 2026.

Ahead of a meeting with investors and analysts in New York, the company said it is also targeting free cash flow conversion above 105%, based on more normalized capital expenditures.

On May 1, the company said it expected 2024 diluted EPS of $10.10 to $10.40 on sales growth of 5% to 7%.

Price: 279.88, Change: +0.49, Percent Change: +0.18

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