Curtiss-Wright Q1 sales up 13% to $631M, adj. EPS $1.53 (+17%), reaffirms 2023 guidance

CURTISS WRIGHT CORP

2023-Q1 EPS reported $1.48 revenue$630,860,000

Reported sales $631M (+13% YoY); adj. operating income $81M (+15%); adj. diluted EPS $1.53 (+17%).
New orders $718M (+13%), book-to-bill >1.1x; backlog $2.7B (+3% from Dec 2022).
Naval & Power segment adj. sales +18% driven by Columbia-class sub and arresting systems acquisition.
Full-year 2023 guidance reaffirmed: sales $2.655-$2.710B, adj. EPS $8.65-$8.90, FCF $360-$400M.
Free cash flow improved to ($102M) from ($135M) in Q1 2022; Q1 dividend $0.19/share.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CURTISS WRIGHT CORP reported the first quarter ended March 31, 2023 results: revenue $631 million, EPS $1.48. Guidance reaffirmed.

Period: the first quarter ended March 31, 2023
Revenue: $631 million
EPS: $1.48
Guidance: reaffirmed
Result: reported results

Exact text from the filing

2023--Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights: Reported and Adjusted sales of $631 million, up 13% year-over-year; Reported operating income of $79 million, operating margin of 12.5%, and diluted earnings per share (EPS) of $1.48; Adjusted operating income of $81

View on SEC.gov

Browse all earnings releases →

CURTISS WRIGHT CORP filing history →

Source: SEC EDGAR

accession 0001157523-23-000723

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.