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CWBullishEarningsnews
High materiality9/10

Curtiss-Wright: Strong Growth, But Valuation Is A Downside Risk

Sep 16, 2024, 11:57 AM EDT1 sourcesAI-analyzed

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CW reported Q2 2024 earnings, sales up 11.4% YoY. Defense sector demand boosts CW's growth, significant NATO spending increases expected. Adjusted EPS grew 24% YoY, exceeding analyst expectations. CW raised its full-year 2024 guidance for revenue and EPS growth. NATO member nations increasing defense spending presents long-term opportunities for CW.

  • CW reported Q2 2024 earnings, sales up 11.4% YoY.
  • Defense sector demand boosts CW's growth, significant NATO spending increases expected.
  • Adjusted EPS grew 24% YoY, exceeding analyst expectations.
  • CW raised its full-year 2024 guidance for revenue and EPS growth.
  • NATO member nations increasing defense spending presents long-term opportunities for CW.

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