Curtiss-Wright Corp. Q3 Earnings Decline 14%

(RTTNews) - Curtiss-Wright Corp. (CW) released a profit for third quarter that retreated from last year.

The company said its bottom line totaled $38.14 million, or $0.80 per share. This was lower than $44.38 million, or $0.90 per share, in last year's third quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.9% to $525.54 million. This was down from $558.38 million last year.

Curtiss-Wright Corp. earnings at a glance:

-Earnings (Q3): $38.14 Mln. vs. $44.38 Mln. last year. -Earnings Decline (Y-o-Y): -14.1% -EPS (Q3): $0.80 vs. $0.90 last year. -EPS Decline (Y-o-Y): -11.1% -Analysts Estimate: $1.01 -Revenue (Q3): $525.54 Mln vs. $558.38 Mln last year. -Revenue Change (Y-o-Y): -5.9%

-Guidance: Full year EPS guidance: $3.80 - $3.90 Full year revenue guidance: $2.19 - $2.24 Bln