Curtiss-Wright Q3: Stable Growth & Raised Guidance

Curtiss-Wright's Q3 earnings meet expectations with an 8.8% revenue increase to $869.2 million, aligning with their Pivot to Growth strategy. Non-GAAP profit of $3.40 per share, a 3.3% increase, and raised full-year revenue and adjusted earnings per share guidance reflect confidence in their market position. Despite stable cost structure and free cash flow, the stock remains flat at $587. Analysts predict a 7% revenue growth slowdown, but Curtiss-Wright's consistent performance keeps it a key player in aerospace, industrial, electronic, and maritime sectors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.