Curtiss-Wright Corp reports results for the quarter ended in December - Earnings Summary

Curtiss-Wright

15/02/2024 24:04

* Curtiss-Wright Corp  CW.N  reported quarterly adjusted
earnings
of $3.16​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of $2.92.  The mean expectation of six analysts for the quarter
was for earnings of $2.92 per share. Wall Street expected
results to range from $2.85  to $2.96 per share.
    * Revenue rose 3.7% to $785.79 million from a year ago;
analysts
expected $743.58 million. 
    * Curtiss-Wright Corp's reported EPS for the quarter was
$3.11​.
    * The company reported quarterly net income of $119.89
million.
    * Curtiss-Wright Corp shares had risen by 2.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for Curtiss-Wright
Corp is $245.00 
This summary was machine generated from LSEG data February 15 at
12:03 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      2.92           3.16           Beat
 Sep. 30 2023      2.38           2.54           Beat
 Jun. 30 2023      1.96           2.15           Beat
 Mar. 31 2023      1.39           1.53           Beat