secwatch.observer — SEC 8-K summary
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Issuer:     CURTISS WRIGHT CORP (CW)
CIK:        0000026324
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001157523-21-001333
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Curtiss-Wright Q3 adj EPS $1.88 (+6%); raises FY21 EPS guidance, adds $400M buyback
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- Adj diluted EPS $1.88, up 6% YoY; reported EPS $1.70. Adj sales $614M, up 12%.
- Board authorized $400M additional share repurchase; completed $200M opportunistic buyback (~1.5M shares).
- Raised FY21 adj EPS guidance low end to $7.20-$7.35 (prev $7.15-$7.35); sales growth 7-9% maintained.
- New orders $617M, up 13%; backlog $2.2B, up 2% vs Dec 2020. Q3 free cash flow $97M, up 98%.
- Defense Electronics adj sales +22% on PacStar; A&I adj op margin +240 bps to 15.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26324/000115752321001333/0001157523-21-001333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26324/000115752321001333/a52521066.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001333

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