26.07.2017 23:40:33

Curtiss-Wright Corp. Q2 Profit Climbs 27%

(RTTNews) - Curtiss-Wright Corp. (CW) announced earnings for its second quarter that advanced compared to the same period last year.

The company said its bottom line rose to $50.65 million, or $1.13 per share. This was up from $39.96 million, or $0.88 per share, in last year's second quarter.

Analysts had expected the company to earn $0.97 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.5% to $567.65 million. This was up from $532.77 million last year.

Curtiss-Wright Corp. earnings at a glance:

-Earnings (Q2): $50.65 Mln. vs. $39.96 Mln. last year. -Earnings Growth (Y-o-Y): 26.8% -EPS (Q2): $1.13 vs. $0.88 last year. -EPS Growth (Y-o-Y): 28.4% -Analysts Estimate: $0.97 -Revenue (Q2): $567.65 Mln vs. $532.77 Mln last year. -Revenue Change (Y-o-Y): 6.5%

-Guidance: Full year EPS guidance: $4.45 - $4.55 Full year revenue guidance: $2.19 - $2.23 Bln

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