Curtiss-Wright (CW) Tops Q3 EPS by 3c; Raises Midpoint of FY EPS Guidance
Curtiss-Wright (NYSE: CW) reported Q3 EPS of $1.88, $0.03 better than the analyst estimate of $1.85. Revenue for the quarter came in at $621 million versus the consensus estimate of $614.92 million.
GUIDANCE:
Curtiss-Wright sees FY2021 EPS of $7.20-$7.35, versus prior of $7.15-$7.35 and the consensus of $7.22. Maintained sales growth of 7% to 9%, Adjusted operating income growth of 9% to 12%, and Adjusted operating margin range of 16.7% to 16.8%, up 40 to 50 basis points compared with the prior year.
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