Curtiss-Wright: Q2 Earnings Snapshot
DAVIDSON, N.C. (AP) — DAVIDSON, N.C. (AP) — Curtiss-Wright Corp. (CW) on Wednesday reported second-quarter profit of $81 million.
The Davidson, North Carolina-based company said it had net income of $2.10 per share. Earnings, adjusted for non-recurring costs, were $2.15 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share.
The engineering firm posted revenue of $704.4 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $648.8 million.
Curtiss-Wright expects full-year earnings in the range of $8.90 to $9.15 per share, with revenue in the range of $2.73 billion to $2.79 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CW at https://www.zacks.com/ap/CW
