Curtiss-Wright Q1 earnings call highlights

MSN
2026.05.10 00:55
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Curtiss-Wright (NYSE:CW) raised its full-year 2026 outlook after reporting Q1 results that exceeded expectations, driven by revenue growth across all segments and strong order activity in defense and commercial markets. Q1 sales reached $914 million, up 13% year-over-year, with operating income growing faster, leading to a 100 basis points margin expansion. New orders increased 16%, resulting in a record backlog of nearly $4.3 billion. The company expects total 2026 sales to grow 7-8%, with diluted EPS projected at $14.90 to $15.30, reflecting a 13-16% increase from 2025.