Curtiss-Wright Corporation (CW) recently clinched a $16 million contract from Iron Bow to offer the United States Air Force ("USAF") a comprehensive solution for optimizing and improving deployable communications. The work related to this contract will be performed through 2027. About the Contract Per the terms of the contract, Curtiss-Wright will supply the USAF with its PacStar 400 series modules and Commercial Solutions for Classified (CSfC) integration. The estimated lifetime value of the contract is mo ...

Anadmist/iStock via Getty Images In November 2023, I covered Curtiss-Wright (NYSE:CW) with a buy rating and the stock price performance has been quite favorable since that buy rating, with a 36.5% return, compared to a 21.6% return for the S&P 500. Since the stock price now exceeds the multi-year stock price target established last year and the company recently reported first quarter earnings, I am revisiting the investment case for Curtiss-Wright and adjust my target and rating, if necessary. Curtiss-Wrigh ...

Curtiss-Wright Corporation (CW) announced that its board of directors approved a hike in its quarterly dividend to 21 cents per share, reflecting an increase of 5% from the prior payout. With the current hike, Curtiss-Wright will now pay out an annual dividend of 84 cents per share. This signifies Curtiss-Wright's strength in the business to generate enough cash flow to reward shareholders with improved dividend payouts. Curtiss-Wright Enhances Shareholders Value Curtiss-Wright's emphasis on returning cash ...

Wall Street had a great first quarter but volatility appears to have returned to markets amid concerns over inflation. Although all three major indexes are holding ground, investors are unsure about the Federal Reserve's next move. Inflation, which declined sharply in 2023, has resumed its climb, increasing for the third straight month. The consumer price index (CPI) rose 3.5% year over year in March after increasing 3.1% and 3.2% in January and February, respectively. On May 10, Curtiss-Wright Corporation ...

Curtiss-Wright Corporation (CW) shares rose 4.4% to reach $268.17 on May 3 following the release of its first-quarter 2024 results.  The company reported first-quarter earnings per share (EPS) of $1.99, which surpassed the Zacks Consensus Estimate of $1.75 by 13.7%. The bottom line also improved 34.5% from the year-ago quarter’s level of $1.48.Operational PerformanceIn the quarter under review, the company’s net sales of $713.2 million went up 13% year over year. Also, the top line surpassed the Zacks Conse ...

Curtiss-Wright Corporation (NYSE:CW) Q1 2024 Earnings Call Transcript May 2, 2024 10:00 AM ET Company Participants Jim Ryan - VP of IR Lynn Bamford - Chair and CEO Chris Farkas - VP and CFO Conference Call Participants Nathan Jones - Stifel Greg Dahlberg - Wolfe Research Louie DiPalma - William Blair Sam Struhsaker - Truist Tony Bancroft - Gabelli Funds Jan Engelbrecht - Baird Operator Welcome everyone to the Curtiss-Wright First Quarter 2024 Earnings Conference Call. At this time, all participants have bee ...

– Exceeded expectations due to strong operational performance in Defense Electronics despite headwind in Naval & Power segment Q1 2024 Earnings Presentation Q1 2024 EARNINGS CONFERENCE CALL This presentation also includes certain non-GAAP financial measures with reconciliations to GAAP financial measures being made available in the earnings release and this presentation that are posted to our website and furnished with the SEC. We undertake no duty to update this information. More information about potentia ...

Commission File Number 1-134 CURTISS-WRIGHT CORPORATION (Exact name of Registrant as specified in its charter) Delaware 13-0612970 (State or other jurisdiction of incorporation or organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For th ...

Curtiss-Wright Corporation, Page 1 Exhibit 99.1 CURTISS-WRIGHT REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS AND INCREASES FULL-YEAR 2024 GUIDANCE FOR SALES, OPERATING INCOME AND EPS DAVIDSON, N.C. – May 1, 2024 – Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: Raised Full-Year 2024 Financial Guidance: "Curtiss-Wright delivered strong first quarter 2024 results, exceeding our overall expectations, highlighted by signif ...

For the quarter ended March 2024, Curtiss-Wright (CW) reported revenue of $713.17 million, up 13.1% over the same period last year. EPS came in at $1.99, compared to $1.53 in the year-ago quarter.The reported revenue represents a surprise of +7.24% over the Zacks Consensus Estimate of $665.04 million. With the consensus EPS estimate being $1.75, the EPS surprise was +13.71%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...