earnings
confidence high
sentiment positive
materiality 0.80
Curtiss-Wright Q2 adj EPS $3.72 beats; raises FY2026 guidance on strong orders
CURTISS WRIGHT CORP
- Q2 sales $924M (+5% YoY); adj operating margin 19.4% (+110 bps); adj diluted EPS $3.72 (+15%).
- New orders $1.1B (+8%), book-to-bill 1.16x; backlog $4.5B (+10% from Dec 2025).
- Raised FY2026 adj EPS guidance to $15.10-$15.40 (prev $14.90-$15.30); sales growth now 8-9%.
- Free cash flow $160M (116% conversion); dividend raised 8% to $0.26/share (10th consecutive increase).
- Aerospace & Industrial segment sales +12%; Defense Electronics -3% but margin up 120 bps to 28.0%.