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Curtiss-Wright Q1 Profit Rises

Curtiss-Wright Corp. (CW: Quote) Tuesday reported first-quarter net earnings of $41.3 million or $0.87 per share, compared to $24.5 million or $0.52 per share last year.

Earnings from continuing operations for the quarter was $19.8 million or $0.42 per share, compared to $23.0 million or $0.49 per share last year.

On average, eight analysts polled by Thomson Reuters expected earnings of $0.45 per share for the quarter. Analysts' estimates typically exclude one-time items.

Net sales for the quarter grew 10.8 percent to $501.7 million from 452.9 million last year. Analysts estimated revenues of $495.59 million for the quarter.

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by RTT Staff Writer

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This apparel maker has doubled its earnings per share in just two years and increased its annual earnings forecast from time to time, despite a challenging consumer spending environment. Contributions from acquisitions, efficiency gains from self-owned global supply chain and benefits from 'Innovate-to-Elevate' strategy continue to boost the company's results. Here is a quick summary of the earnings reported after the bell on Nov 20. We have 20+ stocks listed here. The good news is you can skip this step. There is a next move that can make your life a lot easier. Our research team has already done the groundwork for you. All these stocks listed... Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
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