Curtiss-Wright (CW) Tops Q3 EPS by 22c, Guidance Tops Views
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Curtiss-Wright Reports Third Quarter 2017 Financial Results; Raises Full-Year Sales, Operating Income, Operating Margin, EPS and Free Cash Flow Guidance
October 25, 2017 4:15 PM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the third quarter and nine months ended September 30, 2017.
Third Quarter 2017 Highlights
Diluted earnings per share (EPS) of $1.43, including $0.09 resulting from a lower tax rate, came in ahead of expectations and up 40% compared with the prior year; Net sales of $568 million, up 12%, including 8% organic growth, with higher sales in all end markets; Operating income of $97 million, up 26%; Operating margin of 17.0%, up 190 basis points;... More