Curtiss-Wright raises 2024 EPS guidance to $10.10-$10.40 after 30% Q1 EPS gain
Curtiss-Wright reported first quarter 2024 sales of $713 million, up 13%, and adjusted diluted EPS of $1.99, up 30%. The company raised its full-year 2024 guidance for sales, operating income and diluted EPS, while the Naval & Power segment's profit fell on a naval contract adjustment.
Key points
- Q1 2024 sales of $713 million, up 13%; reported operating income of $100 million, up 27%
- Diluted EPS of $1.99 versus $1.48 a year earlier; adjusted diluted EPS up 30%
- 2024 diluted EPS guidance raised to $10.10 to $10.40 from $10.00 to $10.30; sales growth guidance raised to 5% to 7%
- Naval & Power adjusted operating income fell 13% to $35 million due to an unfavorable naval contract adjustment
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.
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