Curtiss-Wright Corporation is a diversified global provider of precision engineered products and services focused on the aerospace, defense, and industrial markets
The company designs and manufactures an array of components and systems, including motion control technologies, aerospace systems, and fluid management solutions. Leveraging advanced engineering expertise, Curtiss-Wright serves a wide range of applications, from military and commercial aviation to nuclear and renewable energy sectors, playing a crucial role in enhancing safety, efficiency, and reliability in critical operations worldwide.
Nuclear energy appears to be having its time in the sun. Many large tech companies and AI investors think nuclear energy is uniquely positioned to power data centers. One such company that is poised to benefit is Curtiss-Wright Corp.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Howmet (NYSEHWM) and the best and worst performers in the aerospace industry.
Aerospace and defense technology solutions provider Astronics Corporation (NASDAQATRO)
will be announcing earnings results tomorrow afternoon. Here’s what to look for.
Aerospace and defense company Curtiss-Wright (NYSECW) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 10.3% year on year to $798.9 million. The company expects the full year’s revenue to be around $3.07 billion, close to analysts’ estimates. Its GAAP profit of $2.89 per share was also 7.6% above analysts’ consensus estimates.
The second-quarter reporting cycle of 2024 for aerospace-defense stocks has already started, with a handful of major defense contractors delivering mixed results. However, here are some stocks in the space that may report positive earnings.
At this stage, dividend-paying stocks should be in demand as investors try to safeguard their portfolios. We believe one should consider stocks that have recently raised their dividend payments.
