Curtiss-Wright (CW) Tops Q4 EPS by 6c
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Curtiss-Wright Reports Fourth Quarter and Full-Year 2017 Financial Results and Issues 2018 Guidance
February 21, 2018 4:52 PM ESTCHARLOTTE, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the fourth quarter and full-year ended December 31, 2017.
Fourth Quarter 2017 Highlights
Diluted earnings per share (EPS) of $1.52; Free cash flow of $209 million and free cash flow conversion of 308%, as defined in table below; Net sales of $612 million, up 8%, including 3% organic growth; Operating income of $109 million, up 2%; Operating margin of 17.8%, down 100 basis points; Effective tax rate of 31.8%, including the impact... More