Curtiss-Wright Beats Q2 Estimates, Raises Full-Year Guidance on Strong Defense Demand
CW sits 64% above its 52-week low of $464.91.
Summary
Curtiss-Wright reported Q2 adjusted EPS of $3.72, beating estimates, and raised full-year guidance on strong defense demand and margin expansion. Free cash flow jumped 37% to $160 million.
Key Events · Earnings and Guidance · CW
-
Q2 Earnings Beat
Adjusted EPS of $3.72 beat consensus by $0.10, up 15% year-over-year, on sales of $924 million (up 5%).
-
Full-Year Guidance Raised
Sales growth outlook raised to 8-9% (from 7-8%), adjusted EPS to $15.10-$15.40 (from $14.90-$15.30), and operating margin to 19.1%-19.3%.
-
Record Defense Electronics Orders
New orders of $1.1 billion, up 8%, with a 1.16x book-to-bill; backlog reached $4.5 billion, up 10% from year-end 2025.
-
Strong Free Cash Flow
Free cash flow of $160 million, up 37%, with 116% conversion; full-year FCF guidance raised to $585-$605 million.
Analysis · CW · Technology
Curtiss-Wright delivered a strong Q2, with adjusted EPS of $3.72 beating consensus by $0.10 on 15% growth. The company raised its full-year sales and earnings guidance, driven by record defense electronics orders and margin expansion across all three segments. Free cash flow surged 37% to $160 million, supporting a dividend hike and share buybacks. The results confirm the company is executing well on its Pivot to Growth strategy, with a 1.16x book-to-bill and backlog up 10% from year-end, signaling sustained momentum.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CW was trading at $762.82 on NYSE in the Technology sector, with a market capitalization of approximately $27.6B. The 52-week trading range was $464.91 to $808.16. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.