Curtiss-Wright (CW) Tops Q1 EPS by 8c

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Curtiss-Wright Reports First Quarter 2018 Financial Results; Raises Full-Year Organic Guidance

May 2, 2018 4:56 PM EDT

DAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2018.

First Quarter 2018 Highlights

Diluted earnings per share (EPS) of $0.98, up 35% compared with the prior year; Net sales of $548 million, up 5%, including 3% organic growth; Operating income of $64 million, up 35%; Operating margin of 11.8%, up 270 basis points; Backlog of $2.1 billion, up 2% from December 31, 2017; and Share repurchases of approximately $12 million.

Full-Year 2018... More