- Curtiss-Wright’s adjusted EPS forecast for 2025 is between $12.10 to $12.40, exceeding the estimate of $11.88.
- Fourth quarter net sales reached $824.3 million, a 4.9% increase from the previous year, surpassing the estimate of $785.4 million.
- Adjusted EPS for the fourth quarter was $3.27, higher than last year’s $3.16 and the estimate of $3.09.
- Reported EPS was slightly lower at $3.09 compared to $3.11 from the previous year.
- The company expects operating margins to expand by 40 to 60 basis points, alongside increased R&D investments.
- Curtiss-Wright anticipates total sales growth of 7% to 8%, driven by strong performance in Aerospace & Defense and Commercial Nuclear markets, and contributions from the recent Ultra Energy acquisition.
- Management reaffirms their confidence in achieving the three-year financial targets outlined at the 2024 Investor Day, focusing on long-term shareholder value.
- The company’s stock has received 7 buy ratings, 2 hold ratings, and no sell ratings.
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Curtiss Wright on Smartkarma
Analysts at Baptista Research on Smartkarma are bullish on Curtiss-Wright Corporation, highlighting the company’s strong performance in the third quarter of 2024. With a notable 10% year-over-year increase in sales, reaching nearly $800 million, driven by robust performances in its Defense Electronics and Naval & Power segments. The Aerospace & Defense markets saw a 15% growth, while the commercial nuclear market experienced low double-digit growth during the period.
Baptista Research also provided positive insights on Curtiss-Wright Corporation’s financial results for the second quarter of 2024. With sales rising by 11% year-over-year to $785 million and substantial growth in earnings per share (EPS). The company’s strong performance in Defense Electronics and Naval & Power segments contributed significantly to outperforming expectations, leading to a 16% year-over-year increase in operating income and a 60 basis-point expansion in operating margins.
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
Based on the Smartkarma Smart Scores, Curtiss Wright demonstrates a promising long-term outlook. With a Growth score of 4 out of 5, the company appears to be in a good position for expanding its operations and increasing its market presence over time. Additionally, the Momentum score of 4 suggests that Curtiss Wright is likely experiencing positive trends that could drive its future performance. These scores indicate a positive trajectory for the company’s future growth.
Curtiss Wright also shows resilience with a score of 3, which signifies its ability to withstand challenges and maintain stability. Though the Value and Dividend scores are more moderate at 2 each, the overall outlook for Curtiss Wright remains favorable, especially with its strong focus on growth and momentum in various industries such as aerospace, automotive, and power generation.
### Curtiss-Wright Corporation designs, manufactures, and overhauls precision components and systems. The Company’s systems provides engineered services to the aerospace, automotive, shipbuilding, oil, petrochemical, agricultural equipment, power generation, metal working, 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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