secwatch.observer — SEC 8-K summary
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Issuer:     CURTISS WRIGHT CORP (CW)
CIK:        0000026324
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000026324-24-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Curtiss-Wright Q2 adj. EPS $2.67 (+24% YoY); raises full-year 2024 guidance
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- Q2 sales $785M (+11% YoY); adj. op. margin 17.0% (+60 bps); adj. diluted EPS $2.67 (+24%).
- New orders $995M (+18%), book-to-bill 1.3x; backlog $3.2B up 13% YTD.
- Raised FY2024 guidance: adj. EPS now $10.40-$10.65 (prev $10.10-$10.40); FCF $425-$445M.
- Announced $15M restructuring for ~$10M annualized savings in 2025; U.K. entity consolidation cuts tax rate 100 bps.
- Acquired Ultra Energy for $200M cash; expected close Q3 2024, accretive to adj. EPS in first full year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26324/000002632424000035/0000026324-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26324/000002632424000035/cw-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000026324-24-000035

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