Curtiss-Wright (CW) Misses Q4 EPS by 42c, Offers FY Guidance
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Curtiss-Wright Reports Fourth Quarter and Full-Year 2021 Financial Results; Full-Year 2022 Guidance Reflects Higher Sales, Operating Margin and EPS
February 23, 2022 5:13 PM ESTCompany Achieves Record Full-Year Adjusted Operating Margin of 17.0% and Completes Record $350 Million in Annual Share Repurchases
DAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the fourth quarter and full-year ended December 31, 2021.
Fourth Quarter 2021 Highlights:
Reported sales of $667 million, diluted earnings per share (EPS) of $1.94, and free cash flow (FCF) of $219 million; Adjusted sales of $655 million, up 2%; Adjusted diluted EPS of $2.40, up 6%; New orders of $676 million, up 19%; Adjusted FCF of $219 million, with 230% FCF conversion;... More