Curtiss-Wright (CW) Tops Q3 EPS by 4c, Trims FY EPS Guidance
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Curtiss-Wright Reports Third Quarter 2022 Financial Results and Updates Full-Year 2022 Guidance
November 2, 2022 4:56 PM EDTDAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the third quarter ended September 30, 2022.
Third Quarter 2022 Highlights:
Reported sales of $631 million, operating income of $108 million, operating margin of 17.1%, and diluted earnings per share (EPS) of $1.91; Adjusted operating income of $114 million, up 6%; Adjusted operating margin of 18.2%, up 70 basis points; Adjusted diluted EPS of $2.07, up 10%; Reported free cash flow (FCF) of $86 million; New orders of $818 million, up 32%, reflecting strong Aerospace & Defense (A&D) and Commercial market demand, and book-to-bill of 1.30;... More