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Curtiss-Wright (CW) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
CW makes a strong case for investment in the aerospace sector, given its growth prospects, strong liquidity and nuclear power adoption to reduce emissions.
Curtiss-Wright Corporation's Q2 2024 earnings showed strong revenue and EPS growth, driven by robust demand in Defense Electronics and Naval & Power segments, exceeding analyst expectations. Curtiss-Wright raised its full-year 2024 guidance and announced increased dividends and share repurchases, supported by strong free cash flow and a solid order book. NATO defense spending boosts growth prospects, with significant contracts like the Belgian Air Force deal highlighting CW's strategic positioning in the European market.
CW is set to expand its 2024 share repurchase program by $100 million, bringing the total expected repurchases to $150 million for this year.
Curtiss-Wright (CW) reported earnings 30 days ago. What's next for the stock?
CW is set to provide a range of services, overhauls, repairs and replacement parts to the Belgian Air Force with its recent contract win.
Curtiss-Wright (CW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Curtiss-Wright (CW) makes a strong case for investment in the aerospace sector, given its growth prospects, strong liquidity and nuclear power adoption to reduce emissions.
Curtiss-Wright's (CW) second-quarter earnings and sales surpass the Zacks Consensus Estimate. The company increases its 2024 outlook.
Curtiss-Wright Corporation (NYSE:CW ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Jim Ryan - VP of IR Lynn Bamford - Chair and CEO Chris Farkas - VP and CFO Conference Call Participants Kristine Liwag - Morgan Stanley Michael Ciarmoli - Truist Securities Nathan Jones - Stifel Peter Arment - Baird Greg Dahlberg - Wolfe Research Tony Bancroft - Gabelli Funds Louie DiPalma - William Blair Operator Welcome to the Curtiss-Wright Second Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation.