Curtiss-Wright Corporation is a diversified global provider of precision engineered products and services focused on the aerospace, defense, and industrial markets
The company designs and manufactures an array of components and systems, including motion control technologies, aerospace systems, and fluid management solutions. Leveraging advanced engineering expertise, Curtiss-Wright serves a wide range of applications, from military and commercial aviation to nuclear and renewable energy sectors, playing a crucial role in enhancing safety, efficiency, and reliability in critical operations worldwide.
Aerospace and defense company Curtiss-Wright (NYSECW) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 4.9% year on year to $824.3 million. The company’s full-year revenue guidance of $3.36 billion at the midpoint came in 1.7% above analysts’ estimates. Its GAAP profit of $3.09 per share was 2.6% above analysts’ consensus estimates.
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.
Since January 2020, the S&P 500 has delivered a total return of 78.6%. But one standout stock has nearly doubled the market - over the past five years, Curtiss-Wright has surged 145% to $355 per share. Its momentum hasn’t stopped as it’s also gained 28.7% in the last six months thanks to its solid quarterly results, beating the S&P by 24.5%.
Nuclear energy appears to be having its time in the sun. Many large tech companies and AI investors think nuclear energy is uniquely positioned to power data centers. One such company that is poised to benefit is Curtiss-Wright Corp.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Howmet (NYSEHWM) and the best and worst performers in the aerospace industry.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQATRO)
will be announcing earnings results tomorrow afternoon. Here’s what to look for.
