Curtiss-Wright Beats Q2 EPS by 10 Cents, Raises Full-Year Outlook
CW sits 61% above its 52-week low of $464.91.
Summary
Curtiss-Wright delivered a strong Q2, with adjusted EPS of $3.72 beating consensus by $0.10 on 15% growth, driven by margin expansion across all segments. Sales of $924M slightly missed the $926.5M estimate, but operating income of $179M topped expectations. The company raised its full-year 2026 guidance across the board: sales growth now seen at 8-9%, diluted EPS at $15.10-$15.40, and free cash flow at $585-$605M. Naval defense and commercial nuclear demand remain key growth engines, with record defense electronics orders providing backlog visibility. This follows a Q1 that also showed double-digit growth, confirming sustained momentum in its core markets.
At the time of this announcement, CW was trading at $748.00 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $27.6B. The 52-week trading range was $464.91 to $808.16. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.