Curtiss-Wright (CW) Tops Q4 EPS by 9c, Guides FY17 EPS Below the Street

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Curtiss-Wright Reports Fourth Quarter and Full-Year 2016 Financial Results and Issues 2017 Guidance

February 15, 2017 4:15 PM EST

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reported financial results for the fourth quarter and full-year ended December 31, 2016.

Fourth Quarter 2016 Highlights

Earnings per diluted share of $1.58; Free cash flow of $135 million, resulting in free cash flow conversion of 192%, as defined herein; Net sales of $566 million; Operating income of $106 million, down 2% as compared with the prior year, or up 20% as compared with 2015 pro forma results, as defined herein;... More