Recap: Curtiss-Wright Q2 Earnings

Curtiss-Wright CW reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Curtiss-Wright beat estimated earnings by 8.28%, reporting an EPS of $1.83 versus an estimate of $1.69.

Revenue was down $12.14 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 6.51% drop in the share price the next day.

Here's a look at Curtiss-Wright's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.20	2.36	1.82	1.54
EPS Actual	1.31	2.40	1.88	1.56
Revenue Estimate	573.14M	675.08M	609.36M	594.02M
Revenue Actual	559.46M	666.76M	620.62M	621.50M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Curtiss-Wright management provided guidance for FY 2022, expecting earnings between $8.1 and $8.3 per share.

To track all earnings releases for Curtiss-Wright visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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