Curtiss-Wright's stock surged 7.64% in post-market trading following the release of its first-quarter 2026 financial results, which significantly exceeded analyst expectations.
The aerospace and defense supplier reported adjusted earnings per share of $3.48, beating the consensus estimate of $3.30 and representing a 23% increase from the same period last year. Revenue climbed 13% year-over-year to $913.69 million, also surpassing analyst forecasts of $863.96 million.
Furthermore, the company raised its full-year 2026 guidance, now expecting adjusted EPS in the range of $14.90 to $15.30, up from its previous forecast. The strong quarterly performance was driven by growth in naval defense and submarine programs, as well as increased demand in commercial nuclear solutions and industrial vehicle products.
Comments