Curtiss-Wright Q3 sales $799M (+10%), adj EPS $2.97 (+17%); raises FY guidance

CURTISS WRIGHT CORP

2024-Q3 EPS reported $7.47 revenue$2,296,876,000

Sales $799M (+10%), adj operating income $149M (+11%), adj operating margin 18.7% (+20 bps).
A&D market sales +15%; Defense Electronics +12% with record quarterly orders.
Adjusted diluted EPS $2.97 vs $2.54 a year ago; raised FY24 EPS guidance to $10.55-$10.75.
Free cash flow $163M (142% adj FCF conversion); backlog $3.3B (+16% YTD).
FY24 sales guidance raised to $3.05B-$3.095B (+7-9%); FCF raised to $430M-$450M.

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