secwatch.observer — SEC 8-K summary
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Issuer:     CURTISS WRIGHT CORP (CW)
CIK:        0000026324
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001157523-22-001503
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Curtiss-Wright Q3 adjusted EPS $2.07 (+10%), cuts FY sales growth to 2-4% amid supply chain delays
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- Q3 adjusted sales $631M (+3%), adjusted operating income $114M (+6%), adjusted EPS $2.07 (+10%).
- New orders $818M (+32%), backlog $2.6B (+19% YTD); orders record but supply chain delays hit Defense Electronics.
- Full-year guidance cut: sales growth 2-4% (prev. 4-6%), adjusted EPS $8.05-$8.20 (down from $8.10-$8.30), FCF $275-$315M (prev. $345-$365M).
- Completed $300M private placement of senior notes (4.49% 2032, 4.64% 2034) on Oct 27, 2022.
- Signed preferred supplier agreement with X-energy for SMR systems; expects >$100M revenue per four-unit plant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26324/000115752322001503/0001157523-22-001503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26324/000115752322001503/a52959066.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001503

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