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CW is set to provide tactical communications technology to the U.S. Marine Corps with its recent contract win.
CW's total sales in the fourth quarter of 2024 surpass the Zacks Consensus Estimate by 4.9%. The top line also increases 4.9% from the year-ago level.
Curtiss-Wright Corporation (NYSE:CW ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Jim Ryan - Vice President, Investor Relations Lynn Bamford - Chair and CEO Chris Farkas - Vice President and CFO Conference Call Participants Nathan Jones - Stifel Mike Ciarmoli - Truist Securities Myles Walton - Wolfe Research Jason Gursky - Citigroup Peter Arment - Baird Pete Skibitski - Alembic Global Bryce Sandberg - William Blair Operator Welcome to the Curtiss-Wright Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open to your questions following the presentation.
Although the revenue and EPS for Curtiss-Wright (CW) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Curtiss-Wright (CW) came out with quarterly earnings of $3.27 per share, beating the Zacks Consensus Estimate of $3.08 per share. This compares to earnings of $3.16 per share a year ago.
Get a deeper insight into the potential performance of Curtiss-Wright (CW) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Curtiss-Wright (CW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Curtiss-Wright Corporation's stock has outperformed the market, gaining 80% since November 2023, driven by strong growth in aerospace, defense, and commercial nuclear sectors. Q1 2024 earnings showed a 10% revenue increase, with notable growth in Defense Electronics and Naval & Power segments, despite margin challenges. The company raised its 2024 financial guidance, expecting 7-9% revenue growth and improved margins, driven by higher Defense Electronics and Naval & Power sales.
The second presidency of Donald Trump has brought quite a shake-up to the financial markets. While some industries, like cryptocurrency, have turned unequivocally bullish on account of the President's support, others seem to be stuck in limbo — and defense is one such sector.
Curtiss-Wright (CW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.