DAVIDSON, N.C. (AP) — DAVIDSON, N.C. (AP) — Curtiss-Wright Corp. (CW) on Wednesday reported second-quarter net income of $151.2 million.
On a per-share basis, the Davidson, North Carolina-based company said it had profit of $4.07. Earnings, adjusted for non-recurring gains, came to $3.72 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.62 per share.
The engineering firm posted revenue of $924 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $930.6 million.
Curtiss-Wright expects full-year earnings in the range of $15.10 to $15.40 per share, with revenue in the range of $3.77 billion to $3.81 billion.
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