Plus   Neg

Curtiss-Wright Corp. Reveals Advance In Q1 Bottom Line

Curtiss-Wright Corp. (CW) reported earnings for its first quarter that advanced from last year.

The company's profit came in at $43.64 million, or $0.98 per share. This compares with $32.55 million, or $0.73 per share, in last year's first quarter.

Analysts had expected the company to earn $0.90 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $547.52 million from $523.59 million last year.

Curtiss-Wright Corp. earnings at a glance:

-Earnings (Q1): $43.64 Mln. vs. $32.55 Mln. last year.
-EPS (Q1): $0.98 vs. $0.73 last year.
-Analysts Estimate: $0.90
-Revenue (Q1): $547.52 Mln vs. $523.59 Mln last year.

Full year EPS guidance: $5.47 - $5.62
Full year revenue guidance: $2.415 - $2.455 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT