Curtiss-Wright reports record FY23 sales $2.8B, adj EPS $9.38; guides FY24 EPS $10-10.30

CURTISS WRIGHT CORP

2023-FY EPS reported $9.20 revenue$2,845,373,000

Q4 adj diluted EPS $3.16 (+8% YoY); Q4 sales $786M (+4%) on 3% organic growth.
FY23 adj diluted EPS $9.38 (+15% YoY); sales $2.8B (+11% reported, +10% organic).
FY24 guidance: adj diluted EPS $10.00-$10.30 (+7-10%); sales $2.96B-$3.01B (+4-6% organic).
FY23 orders $3.1B (+5%); backlog $2.9B (+9%); adjusted FCF $413M (114% conversion).
Commercial aerospace sales surged 20% in Q4; ground defense +8%; naval defense +2%.

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 0.87

CURTISS WRIGHT CORP updated its the fourth quarter and full-year ended December 31, 2023 guidance (initiated).

Period: the fourth quarter and full-year ended December 31, 2023
Guidance: initiated
Result: reported results

Exact text from the filing

On Wednesday, February 14, 2024, the Company issued a press release announcing financial results for the fourth quarter and full year ended December 31, 2023 as well as expectations for 2024 financial performance.

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Source: SEC EDGAR

accession 0001157523-24-000252

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