Curtiss-Wright: Q1 Earnings Snapshot

DAVIDSON, N.C. (AP) — DAVIDSON, N.C. (AP) — Curtiss-Wright Corp. (CW) on Wednesday reported first-quarter earnings of $56.8 million.

On a per-share basis, the Davidson, North Carolina-based company said it had profit of $1.48. Earnings, adjusted for non-recurring costs, came to $1.53 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share.

The engineering firm posted revenue of $630.9 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $593.9 million.

Curtiss-Wright expects full-year earnings in the range of $8.65 to $8.90 per share, with revenue in the range of $2.66 billion to $2.71 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CW at https://www.zacks.com/ap/CW

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up