26.07.2018 00:14:35

Curtiss-Wright Corp. Q2 adjusted earnings Beat Estimates

(RTTNews) - Curtiss-Wright Corp. (CW) reported a profit for its second quarter that rose from last year.

The company's profit came in at $74.8 million, or $1.68 per share. This compares with $50.7 million, or $1.13 per share, in last year's second quarter.

Excluding items, Curtiss-Wright Corp. reported adjusted earnings of $80.2 million or $1.80 per share for the period.

Analysts had expected the company to earn $1.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.3% to $620.30 million from $567.65 million last year.

Curtiss-Wright Corp. earnings at a glance:

-Earnings (Q2): $80.2 Mln. vs. $54.3 Mln. last year. -EPS (Q2): $1.80 vs. $1.21 last year. -Analysts Estimate: $1.28 -Revenue (Q2): $620.30 Mln vs. $567.65 Mln last year.

-Guidance: Full year EPS guidance: $6.00 - $6.15 Full year revenue guidance: $2.445 - $2.485 Bln

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