Curtiss-Wright Corp. (NYSE: CW) reported Q1 EPS of $0.72, $0.10 better than the analyst estimate of $0.62. Revenue for the quarter came in at $641 million versus the consensus estimate of $627.05 million.

New orders totaled $678 million, up 10% from 2013, due to the contribution from acquisitions, as well as higher demand within the naval defense and oil and gas markets. At March 31, 2014, backlog was $1.75 billion and our book-to-bill was slightly above 1.0x.

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