Curtiss-Wright (CW) Tops Q2 EPS by 52c, Revenues Beat; Boosts FY18 EPS Guidance
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Curtiss-Wright Reports Second Quarter 2018 Financial Results; Raises Full-Year Revenue, EPS and Free Cash Flow Guidance
July 25, 2018 4:42 PM EDTDAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the second quarter ended June 30, 2018.
Beginning this quarter, coinciding with the initial reporting of the recent acquisition of Dresser-Rands government business (DRG), the Company has elected to change the presentation of its financials and guidance to include an Adjusted (non-GAAP) view that excludes first year purchase accounting costs associated with its acquisitions. We believe this change will provide improved transparency to the investment community in order to better measure Curtiss-Wrights core operating and financial performance and improve comparisons... More
