Financial PerformanceCurtiss-Wright reported adjusted EPS of $3.27, which was above consensus by 6% and above internal estimates by 5%.
Market DemandThe core business continues to perform extremely well with tailwinds from solid market demand in defense, improving demand in commercial aerospace, and market share gains driven by internal investments to drive growth.
Revenue GrowthProspects for the company are very good with strong market tailwinds in defense and nuclear and returns from growth investments materializing, which should drive compounding revenue growth for the foreseeable future.