earnings
confidence high
sentiment positive
materiality 0.75
Curtiss-Wright Q4 adj. EPS $2.40 up 6% YoY; FY2022 EPS guidance $8.05-$8.25 (+10-12%)
CURTISS WRIGHT CORP
2021-FY EPS reported
$6.58
revenue$2,500,761,000
- Q4 2021 adjusted sales $655M (+2%), adjusted operating margin 19.7% flat, adjusted diluted EPS $2.40 (+6%).
- Full-year 2021 record adjusted operating margin 17.0%, adjusted diluted EPS $7.34 (+11%).
- 2022 guidance: sales $2.53-2.58B (+3-5%), operating margin 17.1-17.3%, adjusted EPS $8.05-8.25 (+10-12%).
- Record FY2021 share repurchases $350M; quarterly dividend maintained at $0.18 per share.
- Resolved Westinghouse legal settlement; completed German valves divestiture; pending Safran acquisition for $240M.