Curtiss-Wright (CW) Tops Q1 EPS by 11c, Offers Guidance

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Go back to Curtiss-Wright (CW) Tops Q1 EPS by 11c, Offers Guidance

Curtiss-Wright Reports First Quarter 2022 Financial Results and Reaffirms Full-Year 2022 Guidance

May 4, 2022 4:49 PM EDT

DAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Highlights:

Reported sales of $559 million, reflecting timing of defense revenues; Reported diluted earnings per share (EPS) of $1.05; Adjusted diluted EPS of $1.31; New orders of $634 million, up 12%, reflecting strong demand within our Aerospace & Defense (A&D) and Commercial markets; and Share repurchases of approximately $12 million.

"Curtiss-Wright delivered solid Adjusted diluted EPS of $1.31 in the first quarter, exceeding our... More