Curtiss-Wright Third Quarter 2024 Earnings: Beats Expectations

Curtiss-Wright (NYSE:CW) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$798.9m (up 10% from 3Q 2023).
• Net income: US$111.2m (up 15% from 3Q 2023).
• Profit margin: 14% (in line with 3Q 2023).
• EPS: US$2.91 (up from US$2.53 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Curtiss-Wright Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 7.6%.

Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Aerospace & Defense industry in the US.

Performance of the American Aerospace & Defense industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Curtiss-Wright's balance sheet health.

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