Curtiss-Wright Corp reports results for the quarter ended June 30 - Earnings Summary

• Curtiss-Wright Corp CW.N reported quarterly adjusted earnings of $3.23​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.64. The mean expectation of seven analysts for the quarter was for earnings of $3.13 per share. Wall Street expected results to range from $3.06 to $3.18 per share.

• Revenue rose 11.7% to $876.58 million from a year ago; analysts expected $852.03 million.

• Curtiss-Wright Corp's reported EPS for the quarter was $3.19​.

• The company reported quarterly net income of $121.06 million.

• Curtiss-Wright Corp shares had risen by 4.3% this quarter and gained 43.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for Curtiss-Wright Corp is $500.00, about 1.9% below its last closing price of $509.32

This summary was machine generated from LSEG data August 7 at 05:40 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)