Curtiss-Wright Q4 Revenue Rises 14.9% to $947M; EPS Hits $3.79
Curtiss-Wright posted Q4 revenue of $946.98 million, up 14.9% year-over-year and surpassing estimates by 6.4%, delivering EPS of $3.79, a 3.5% beat. Naval & Power revenue rose 20.6% to $417.3 million with $74.8 million in adjusted operating income, while Aerospace & Industrial sales grew 4.6% to $262.4 million.
1. Q4 Financial Highlights
Curtiss-Wright reported Q4 revenue of $946.98 million, up 14.9% year-over-year, beating the $890.2 million consensus by 6.4%. EPS reached $3.79, surpassing the $3.66 estimate by 3.5%.
2. Segment Performance
Naval & Power revenue climbed 20.6% to $417.31 million with adjusted operating income of $74.82 million, exceeding estimates. Defense Electronics sales rose 17.5% to $267.28 million, and Aerospace & Industrial grew 4.6% to $262.39 million, though its operating income slightly trailed forecasts.
3. Stock Reaction and Analyst Rank
Shares have gained 1.5% over the past month versus the S&P 500’s flat return, and the stock retains a neutral analyst ranking, indicating likely in-line near-term performance.