Curtiss-Wright Raises Guidance Again on Strong Bookings
Curtiss-Wright (NYSE: CW) has once again raised its full-year financial guidance, driven by robust second-quarter bookings that signal future revenue growth. The company reported a 5% year-over-year sales increase to $924 million, with operating income climbing 12% and free cash flow surging 37%. This performance, particularly in Defense Electronics and Aerospace & Industrial segments, points to sustained demand for the company's products.
* If strong order growth continues, watch Curtiss-Wright for potential sustained upside as its book-to-bill ratio remains above 1.2x.