DAVIDSON, N.C. (AP) — DAVIDSON, N.C. (AP) — Curtiss-Wright Corp. (CW) on Wednesday reported fourth-quarter net income of $137 million.
On a per-share basis, the Davidson, North Carolina-based company said it had profit of $3.69. Earnings, adjusted for non-recurring costs and restructuring costs, were $3.79 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share.
The engineering firm posted revenue of $947 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $890.2 million.
For the year, the company reported profit of $484.2 million, or $12.87 per share. Revenue was reported as $3.5 billion.
Curtiss-Wright expects full-year earnings in the range of $14.70 to $15.15 per share, with revenue in the range of $3.71 billion to $3.77 billion.
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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
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