Curtiss-Wright (CW) Tops Q1 EPS by 9c

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Curtiss-Wright Reports First Quarter Financial Results

April 29, 2015 4:20 PM EDT

CHARLOTTE, N.C., April 29, 2015 (GLOBE NEWSWIRE) -- Curtiss-Wright Corporation (NYSE: CW) reported financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Operating Highlights from Continuing Operations

Net sales increased 1% to $546 million, from $543 million in 2014; Organic sales up 3%; Operating income increased 19% to $73 million, from $61 million in 2014; Operating margin increased 210 basis points to 13.3%, from 11.2% in 2014; Net earnings from continuing operations increased 19% to $43 million, or $0.89 per diluted share, from $36 million, or $0.74 per diluted share, in 2014; New orders totaled $629 million, up 8% from 2014, primarily due to... More