Curtiss-Wright Q2 adjusted EPS $1.56, up 22% YoY; raises full-year guidance

CURTISS WRIGHT CORP

2021-Q2 EPS reported $2.94 revenue$1,218,554,000

Adjusted sales $609M (+14% YoY); adjusted operating margin 15.6%, up 120 bps.
New orders $679M, up 11%; backlog $2.2B.
Full-year adjusted EPS guidance raised to $7.15-$7.35 (prev $7.10-$7.30); sales guidance up $15M.
Quarterly dividend increased 6% to $0.18 per share; repurchased 100,719 shares for ~$13M.
Aerospace & Industrial adjusted operating margin soared 800 bps to 15.7% on strong industrial demand.

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