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Curtiss-Wright (CW) Q1 Revenues: Having A Look at Trick Metrics Versus Quotes

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Curtiss-Wright (CW) reported $630.86 million in income for the quarter finished March 2023, standing for a year-over-year rise of 12.8%. EPS of $1.53 for the exact same duration contrasts to $1.31 a year earlier.

The reported income stands for a shock of +6.23% over the Zacks Agreement Price Quote of $593.89 million. With the agreement EPS quote being $1.41, the EPS shock was +8.51%.

While capitalists look at income and also profits adjustments year-over-year and also just how they compare to Wall surface Road assumptions to identify their following action, some crucial metrics constantly supply an even more precise image of a firm’s monetary wellness.

Because these metrics play a critical function in driving the top- and also fundamental numbers, contrasting them with the year-ago numbers and also what experts approximated regarding them aids capitalists far better task a supply’s cost efficiency.

Below is just how Curtiss-Wright carried out in the simply reported quarter in regards to the metrics most commonly checked and also predicted by Wall surface Road experts:

  • Readjusted sales- Aerospace & & Industrial:$ 202.45 million versus the three-analyst typical quote of $196.27 million.
  • Readjusted sales- Naval & & Power:$ 26.26 million versus $245.10 million approximated by 3 experts typically.
  • Readjusted sales- Protection Electronic devices: $162.15 million contrasted to the $155.49 million typical quote based upon 3 experts.
  • Operating revenue (expenditure)- Company and also removals: -$ 9.24 million versus the four-analyst typical quote of -$ 9.18 million.
  • Reported Operating Revenue- Naval & & Power: $37.94 million contrasted to the $33.50 million typical quote based upon 3 experts.
  • Reported Operating Revenue- Aerospace & & Industrial: $26.55 million versus $26.66 million approximated by 3 experts typically.
  • Reported Operating Revenue- Protection Electronic Devices: $23.37 million versus $26.02 million approximated by 3 experts typically.

View all Key Company Metrics for Curtiss-Wright here>>>

Shares of Curtiss-Wright have actually returned -1.9% over the previous month versus the Zacks S&P 500 compound’s +0.4% adjustment. The supply presently has a Zacks Ranking # 3 (Hold), suggesting that it might execute in accordance with the wider market in the close to term.

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Curtiss-Wright Corporation (CW) : Free Stock Analysis Report

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Zacks Investment Research

The sights and also point of views revealed here are the sights and also point of views of the writer and also do not always show those of Nasdaq, Inc.

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