Every material Form 8-K Curtiss-Wright filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Curtiss-Wright said its general counsel and corporate secretary, Paul J. Ferdenzi, is retiring at year-end, with George P. McDonald, previously Deputy General Counsel, taking over both roles effective November 13, 2024. The change follows the company's formal succession plan and does not involve any financial figures in the filing.
Paul J. Ferdenzi stepped down as General Counsel and Corporate Secretary effective November 13, 2024, and remains a Vice President until December 31, 2024.
George P. McDonald becomes Vice President, General Counsel and Corporate Secretary effective November 13, 2024, reporting to Chair and CEO Lynn M. Bamford.
McDonald joined the company in February 1999 as Associate General Counsel and became Deputy General Counsel in May 2024.
Curtiss-Wright reported third quarter 2024 sales of $799 million, up 10%, and diluted EPS of $2.89, with adjusted diluted EPS of $2.97, up 17%. The company raised its full-year 2024 adjusted guidance for sales, operating income, diluted EPS and free cash flow, which is a positive signal for shareholders.
Q3 2024 reported sales of $799 million, up 10%; diluted EPS $2.89 versus $2.51 a year earlier
Full-year 2024 adjusted diluted EPS guidance raised to $10.55 to $10.75, from $10.40 to $10.65
Full-year 2024 sales guidance raised to $3,050 million to $3,095 million; free cash flow guidance raised to $430 million to $450 million
Company completed a $100 million expansion of its 2024 share repurchase program during the quarter
Curtiss-Wright reported second quarter 2024 sales of $785 million, up 11% from the prior year, and reported diluted EPS of $2.58. The company raised its full-year 2024 adjusted guidance for sales, operating income, diluted EPS and free cash flow, citing strong first-half results and its outlook for the rest of the year.
Q2 2024 adjusted diluted EPS was $2.67, up 24%; reported diluted EPS was $2.58.
Full-year 2024 adjusted diluted EPS guidance was raised to $10.40 to $10.65, from $10.10 to $10.40.
Full-year 2024 adjusted sales growth guidance was raised to 6% to 8%, from 5% to 7%.
Restructuring actions are expected to cost about $15 million in 2024.
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.
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
Curtiss-Wright reported fourth-quarter 2023 sales of $786 million, up 4%, and diluted EPS of $3.11 versus $2.82 a year earlier. For full-year 2023, sales rose 11% to $2.8 billion and diluted EPS was $9.20 versus $7.62. The company also issued 2024 guidance calling for diluted EPS of $10.00 to $10.30 and sales of $2,960 million to $3,010 million.
Q4 2023 reported sales of $786 million, up 4%; reported diluted EPS of $3.11 versus $2.82
Full-year 2023 reported sales of $2.8 billion, up 11%; diluted EPS of $9.20 versus $7.62
2024 guidance: sales of $2,960 million to $3,010 million, diluted EPS of $10.00 to $10.30, free cash flow of $415 million to $435 million
Full-year 2023 share repurchases of $50 million; quarterly dividend of $0.20 per share; conference call on February 15, 2024 at 10:00 a.m. ET
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Curtiss-Wright filing is on SEC EDGAR ↗. 8-K briefs of other companies →