Curtiss-Wright

Curtiss-Wright Corporation is a global integrated business that provides engineered products, solutions, and services mainly to the aerospace and defense markets, as well as critical technologies in demanding commercial power, process, and industrial markets. It operates through the following three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers engineered products and services supporting critical applications primarily across the commercial aerospace and general industrial markets, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters, sensors, controls, and electro-mechanical actuation components used on commercial and military aircraft, and surface technology services, such as shot peening, laser peening, and engineered coatings. The Defense Electronics segment includes Commercial Off-the-Shelf (COTS) embedded computing board-level modules, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, tactical communications solutions for battlefield network management, and electronic stabilization products, primarily to the defense markets and, to a lesser extent, the commercial aerospace market. The Naval & Power segment primarily provides solutions to the naval defense and power & process markets, including naval propulsion equipment, main coolant pumps, motors, generators, steam turbines, valves, and secondary propulsion systems, as well as a diversified offering of products for commercial nuclear power plants and nuclear equipment manufacturers, and specialized severe-service valve technologies to energy and industrial markets. The company was founded on July 5, 1929, and is headquartered in Davidson, NC.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Curtiss-Wright reports record sales and profitability, eyes strategic acquisitions

Curtiss-Wright's Q4 2022 and full year 2022 performance exceeded expectations, driven by record sales, profitability, and free cash flow generation.
While facing challenges from supply chain disruptions and macroeconomic headwinds, the company's strong operational performance and strategic initiatives position it well for growth.
Opportunities lie in continued sales growth, margin expansion, and potential acquisitions, supported by positive industry trends and effective management of challenges.
Overall, Curtiss-Wright's robust financial performance, strategic acquisitions, and focus on operational efficiency set a positive trajectory for future growth and success.

Curtiss-Wright reports robust Q1 performance, eyes growth amid challenges

Curtiss-Wright's Q1 2023 earnings call reflects strong performance across sales, earnings, and new orders, positioning the company well for continued success.
While facing challenges such as electronic component availability and delayed AUKUS funding, the company remains optimistic about growth opportunities in defense and commercial markets.
With a focus on acquisitions, sustained order trends, and cautious optimism in key markets, Curtiss-Wright aims to navigate challenges and capitalize on growth prospects in 2023.
Maintaining a diversified portfolio and executing strategic initiatives are key strengths driving Curtiss-Wright's performance and outlook for the year.

Curtiss-Wright reports robust Q2 earnings, raises full-year guidance

Curtiss-Wright's Q2 2023 showcased strong financial performance, with notable growth in key sectors. While supply chain challenges persist, the company is optimistic about future prospects and is executing its growth strategy effectively.

Curtiss-Wright reports robust Q3 earnings, eyes nuclear and defense growth

Curtiss-Wright delivered strong Q3 results with raised full-year guidance.
The company's diverse segments show growth potential in key markets.
Challenges persist in the supply chain, requiring ongoing monitoring.
Focus on margin expansion and seizing growth opportunities ahead.

Curtiss-Wright (CW) reports robust Q4 earnings, eyes growth opportunities

Curtiss-Wright's strong financial performance in Q4 2023 and full year 2023, coupled with a positive outlook for 2024, reflects its focus on defense electronics and strategic investments. The company's emphasis on organic growth initiatives, acquisitions, and market expansion positions it well for future success.

Curtiss-Wright reports robust Q1 earnings, raises guidance post-acquisition

Curtiss-Wright delivered strong Q1 2024 results, with notable increases in sales, operating income, and EPS. Despite challenges, the company raised guidance and announced the acquisition of WSC, Inc., positioning itself for growth in key markets. Opportunities in simulated assisted engineering and naval operations highlight strategic initiatives for future success.

Curtiss-Wright reports robust Q3 growth, eyes strategic acquisitions for expansion

Curtiss-Wright delivered a strong Q3 performance with notable increases in sales, operating income, and EPS. The company's focus on operational efficiency, capital allocation, and growth outlook bode well for future prospects. While challenges like market dynamics exist, Curtiss-Wright's strategic positioning and financial strength present opportunities for sustained growth.

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Curtiss-Wright Corp. is a global integrated business that provides engineered products, solutions, and services mainly to the aerospace and defense markets, as well as critical technologies in demanding commercial power, process, and industrial markets. It operates through the following three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers engineered products and services supporting critical applications primarily across the commercial aerospace and general industrial markets, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters, sensors, controls, and electro-mechanical actuation components used on commercial and military aircraft, and surface technology services, such as shot peening, laser peening, and engineered coatings. The Defense Electronics segment includes Commercial Off-the-Shelf (COTS) embedded computing board-level modules, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, tactical communications solutions for battlefield network management, and electronic stabilization products, primarily to the defense markets and, to a lesser extent, the commercial aerospace market. The Naval & Power segment primarily provides solutions to the naval defense and power & process markets, including naval propulsion equipment, main coolant pumps, motors, generators, steam turbines, valves, and secondary propulsion systems, as well as a diversified offering of products for commercial nuclear power plants and nuclear equipment manufacturers, and specialized severe-service valve technologies to energy and industrial markets. The company was founded on July 5, 1929 and is headquartered in Davidson, NC.

Curtiss-Wright's (CW) FTI is part of the DFTI system where the products and services collect, collate, process, record, transmit, analyze and display the flight test data.

Curtiss-Wright (CW) Secures $24M Contract for FTI Equipment

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright awarded $24M contract to provide Flight Test Instrumentation (FTI) equipment in support of F-35 Technology Refresh 3 (TR-3) program.

Curtiss-Wright Awarded $24 Million Contract to Provide Flight Test Instrumentation Equipment for the F-35 Technology Refresh 3 Program

Curtiss-Wright Corporation saw double-digit growth in Q1 2023. The company maintained guidance for mid-single-digit growth this year, keeping the guidance conservative. Curtiss-Wright is a better hold than buy according to my stock valuation.

Curtiss-Wright Corporation Stock: Better Hold Than Buy

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Curtiss-Wright (CW) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Here's Why Curtiss-Wright (CW) is Poised for a Turnaround After Losing -5.25% in 4 Weeks

Curtiss-Wright (CW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Curtiss-Wright (CW) Rating Upgrade to Buy

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Wolfe Research 16th Annual Global Transportation & Industrials Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, May 25, 2023, at 11:30am ET. There will be no formal presentation at this event. A link to the webca.

Curtiss-Wright to Participate in Wolfe Research 16th Annual Global Transportation & Industrials Conference

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors declared a 5% increase in the quarterly dividend to twenty cents ($0.20) per share, payable July 5, 2023 to stockholders of record as of June 16, 2023. “We believe in steadily increasing our dividend in alignment with our long-term sales growth, and this recent increase reflects our Board of Directors' confidence in the Company's strong financial position and continued ability to d.

Curtiss-Wright Announces 5% Dividend Increase to $0.20 Per Share for Common Stock

Curtiss-Wright's (CW) Q1 net sales of $631 million improve 13% year over year. The bottom line also rises 16.8% on a year-over-year basis.

Curtiss-Wright (CW) Q1 Earnings Beat Estimates, Sales Rise Y/Y

Curtiss-Wright Corporation (NYSE:CW ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Jim Ryan - Vice President, Investor Relations Lynn Bamford - Chair & Chief Executive Officer Chris Farkas - Vice President & Chief Financial Officer Conference Call Participants Kristine Liwag - Morgan Stanley Peter Arment - Baird Myles Walton - Wolfe Research. Michael Ciarmoli - Truist Securities Tony Bancroft - Gabelli Funds Adam Farley - Stifel Operator Welcome to the Curtiss-Wright First Quarter 2023 Earnings Conference Call.

Curtiss-Wright Corporation (CW) Q1 2023 Earnings Call Transcript

Curtiss-Wright (CW) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.31 per share a year ago.

Curtiss-Wright (CW) Q1 Earnings and Revenues Surpass Estimates

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright reports strong Q123 results with double-digit growth in new orders, sales, operating income and diluted EPS. Reaffirms FY23 guidance.

Curtiss-Wright Reports First Quarter 2023 Financial Results and Reaffirms Full-year 2023 Guidance

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright signs agreement with Shell to manufacture, test & provide operational support for Electro-Submersible Pump for Shell offshore platform.

Curtiss-Wright Signs Subsea Canned Motor Pump Agreement With Shell Exploration & Production Company

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced it has been awarded a 5-year firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) contract by the Naval Air Systems Command (NAVAIR). Under the multi-year program, with a maximum potential value of approximately $28 million, Curtiss-Wright will provide E-28 Retrieve Drive Assemblies including spare parts supporting the replacement of the legacy sub-systems across U.S. Navy and Marine Corps bases.

Curtiss-Wright Awarded $28 Million IDIQ Contract by NAVAIR to Support the E-28 Retrieve Drive Assembly Production Program

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) expects to release its first quarter 2023 financial results after the close of trading on Wednesday, May 3, 2023. A webcast conference call will be held on Thursday, May 4, 2023 at 10:00 am ET for management to discuss the Company's first quarter 2023 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright to Announce First Quarter 2023 Financial Results

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Notable mergers and acquisitions, along with an impressive air traffic outlook, should benefit aerospace-defense equipment stocks amid rising fuel prices. You may buy RTX, TDG and CW.

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DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a follow-on contract by the United States Marine Corps (USMC) to provide small form factor network router and switch modules to support communications modernization with highly portable expeditionary network communications technology.

Curtiss-Wright Awarded Contract to Provide U.S. Marine Corps With Expeditionary Network Communications Technology

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the 13th Annual Alembic Global Advisors Deer Valley Chemical & Industrial Conference on Wednesday, March 1, 2023. There will be no formal presentation or webcast at this event. A copy of the latest slide presentation is available in the Investor Relations section of Curtiss-Wright's website at www.curtisswright.

Curtiss-Wright to Participate in 13th Annual Alembic Global Advisors Deer Valley Chemical & Industrial Conference

Curtiss-Wright Corporation (NYSE:CW ) Q4 2022 Earnings Conference Call February 22, 2023 9:00 AM ET Company Participants Jim Ryan - Vice President, Investor Relations Lynn Bamford - Chair and Chief Executive Officer Chris Farkas - Vice President and Chief Financial Officer Conference Call Participants Peter Arment - Baird Myles Walton - Wolfe Research Nathan Jones - Stifel Kristine Liwag - Morgan Stanley Michael Ciarmoli - Truist Securities Operator Please standby, the program is about to begin. [Operator Instructions] Welcome to the Curtiss-Wright Fourth Quarter and Full Year 2022 Earnings Conference Call.

Curtiss-Wright Corporation (CW) Q4 2022 Earnings Call Transcript

Curtiss-Wright's (CW) Q4 net sales of $758 million improve 16% year over year. The bottom line also rises 21% on a year-over-year basis.

Curtiss-Wright (CW) Q4 Earnings Lag Estimates, Sales Rise Y/Y

Curtiss-Wright (CW) delivered earnings and revenue surprises of -3.31% and 1.35%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Curtiss-Wright (CW) Q4 Earnings Lag Estimates

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) reports financial results for the fourth quarter and full-year ended December 31, 2022.

Curtiss-Wright Reports Fourth Quarter and Full-Year 2022 Financial Results; Issues Full-Year 2023 Guidance Reflecting Higher Sales, Operating Margin, EPS and Free Cash Flow

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a 10-year contract by the French Air and Space Force (AAE) to support its aircraft arresting systems. Under the contract, valued at approximately $35 million, Curtiss-Wright will provide logistics, analysis, maintenance, repair and overhaul (MRO) of specialized arresting systems equipment.

Curtiss-Wright Receives $35 Million Contract to Provide Aircraft Arresting Systems Support to the French Air and Space Force (AAE)

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors declared a dividend of nineteen cents ($0.19) per share on Curtiss-Wright Common Stock, payable April 14, 2023 to stockholders of record as of March 31, 2023.

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