secwatch.observer — SEC 8-K summary
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Issuer:     CURTISS WRIGHT CORP (CW)
CIK:        0000026324
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000026324-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Curtiss-Wright Q1 sales up 13% to $713M, EPS $1.99; raises full-year guidance
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- Q1 sales $713M (+13% YoY), operating income $100M (+27%), diluted EPS $1.99 (+30%).
- Adjusted operating margin 14.0% (+110 bps); orders $901M (+26%), book-to-bill >1.25x.
- Defense Electronics sales +31% to $212M, op income +106%; Naval & Power adjusted op income -13% on contract adjustment.
- Raised FY2024 guidance: sales growth 5-7% (prev 4-6%), EPS $10.10-$10.40 (prev $10.00-$10.30).
- Free cash flow improved to -$58M from -$102M; maintained FCF guidance $415-$435M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26324/000002632424000009/0000026324-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26324/000002632424000009/cw-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000026324-24-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer