Curtiss-Wright Corp. Announces 317% Increase In Q4 Bottom Line

(RTTNews) - Curtiss-Wright Corp. (CW) reported a profit for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line rose to $69.85 million, or $1.53 per share. This was up from $16.75 million, or $0.94 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.8% to $588.76 million. This was up from $572.59 million last year.

Curtiss-Wright Corp. earnings at a glance:

-Earnings (Q4): $69.85 Mln. vs. $16.75 Mln. last year. -Earnings Growth (Y-o-Y): 317.0% -EPS (Q4): $1.53 vs. $0.94 last year. -EPS Growth (Y-o-Y): 62.8% -Analysts Estimate: $1.21 -Revenue (Q4): $588.76 Mln vs. $572.59 Mln last year. -Revenue Change (Y-o-Y): 2.8%

-Guidance: Full year EPS guidance: $4.00 - $4.15 Full year revenue guidance: $2.17 - $2.22 Bln