Curtiss-Wright (CW) Tops Q1 EPS by 21c; Raises Outlook
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Curtiss-Wright Reports First Quarter 2021 Financial Results; Raises Full-Year 2021 Guidance for Sales, Operating Income, Operating Margin and Diluted EPS
May 5, 2021 4:15 PM EDTDAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2021.
First Quarter 2021 Highlights:
Reported results include sales of $597 million, operating income of $85 million, operating margin of 14.2% and diluted earnings per share (EPS) of $1.45; Adjusted diluted EPS of $1.51, up 18%; Adjusted net sales of $590 million, up 2%, led by strong 8% growth in our Aerospace & Defense markets; Adjusted operating income of $89 million, up 15%; Adjusted operating margin of 15.0%, up 160 basis points, principally reflecting savings... More