secwatch.observer — SEC 8-K summary
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Issuer:     CURTISS WRIGHT CORP (CW)
CIK:        0000026324
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001157523-23-000723
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26324/000115752323000723/0001157523-23-000723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26324/000115752323000723/a53392634.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000723

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