- Curtiss-Wright’s FY adjusted EPS forecast: Updated to $10.40 – $10.65 (previously $10.10 – $10.40). Analysts estimated $10.33.
- Adjusted free cash flow: Now expected to be $425 million to $445 million (previously $415 million to $435 million). Analysts’ estimate was $431.1 million.
- Second quarter results:
- Net sales: $784.8 million, up 11% year over year (estimated $735.8 million).
- Adjusted EPS: $2.67 (last year $2.15), exceeding the estimate of $2.29.
- EPS: $2.58 (last year $2.10), again beating the estimate of $2.29.
- Company comments: “Based on the strong first half results and our outlook for the remainder of 2024, we have increased our full-year Adjusted guidance for sales, operating income, diluted EPS and free cash flow.”
- Analyst ratings: 5 buys, 1 hold, 0 sells.
A look at Curtiss Wright Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Curtiss Wright is looking positive in the long term. With a strong Growth score of 4 and Momentum score of 4, the company seems to be on a steady path of development and progress. This indicates that Curtiss Wright is likely to continue expanding and moving forward in the coming years.
Although the Value and Dividend scores are moderate at 2, the Resilience score of 3 suggests that Curtiss Wright is well-positioned to weather challenges and navigate uncertainties effectively. Overall, Curtiss Wright‘s profile appears supportive of its long-term prospects, with a focus on growth and momentum in its various industries.
### Curtiss-Wright Corporation designs, manufactures, and overhauls precision components and systems. The Company’s systems provide engineered services to the aerospace, automotive, shipbuilding, oil, petrochemical, agricultural equipment, power generation, metalworking, and fire and rescue industries. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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