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CW — Curtiss-Wright News Story

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Brief: Curtiss-Wright Q2 Adjusted EPS USD 3.23 Vs. IBES Estimate USD 3.13

Overview

Curtiss-Wright Q2 sales rise 12% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, up 21% yr/yr, per LSEG data

Co raises full-year 2025 guidance for sales, operating income, and EPS

Outlook

Curtiss-Wright raises full-year sales growth guidance to 9%-10%

Company increases full-year EPS guidance to $12.70-$13.00

Curtiss-Wright sees full-year operating margin at 18.5%-18.7%

Company expects full-year free cash flow of $520-$535 mln

Result Drivers

DEFENSE GROWTH - Stronger than expected growth in defense markets driven by higher submarine revenues and increased sales of defense electronics products

COMMERCIAL EXPANSION - Growth in power & process market driven by Ultra Energy acquisition and higher organic sales of commercial nuclear products

RESTRUCTURING BENEFITS - Improved operating margins and income attributed to restructuring and operational excellence initiatives

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesBeat$877 mln$852 mln (6 Analysts)
Q2 Adjusted EPSBeat$3.23$3.13 (7 Analysts)
Q2 EPS$3.19
Q2 Adjusted Operating IncomeBeat$160 mln$154.70 mln (6 Analysts)
Q2 Adjusted Operating Margin18.3%
Q2 Free Cash Flow$117 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell" The average consensus recommendation for the aerospace & defense peer group is "buy" Wall Street's median 12-month price target for Curtiss-Wright Corp is $500.00, about 2.3% below its August 5 closing price of $511.64 The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 28 three months ago Press Release: ID:nBw9pQKRJa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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