secwatch.observer — SEC 8-K summary
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Issuer:     CURTISS WRIGHT CORP (CW)
CIK:        0000026324
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001157523-23-001620
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Curtiss-Wright Q3 sales +15%, adj EPS $2.54 (+23%); raises FY23 guidance
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- Reported sales $724M (+15% YoY); adj operating income $134M (+17%); adj diluted EPS $2.54 vs $2.07 last year.
- New orders $846M, book-to-bill 1.2x; backlog $2.9B, up 12% YTD.
- Defense Electronics segment sales surged 34% to $216M; operating margin expanded 330 bps to 26%.
- Raised FY23 guidance: sales growth 8-10% (prev 7-9%), EPS $9.00-$9.20 (prev $8.90-$9.15), FCF $380-$400M.
- Generated $137M free cash flow (140% adj FCF conversion); repurchased $13M stock in Q3, dividend $0.20/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26324/000115752323001620/0001157523-23-001620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26324/000115752323001620/a53727542.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001620

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