Curtiss-Wright Q2 Profit Rises; Lifts FY14 EPS Outlook - Quick Facts

(RTTNews) - Curtiss-Wright Corp. (CW) Wednesday reported second-quarter net earnings increased to $36.4 million, or $0.76 per share, from $33.4 million, or $0.71 per share, prior year.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.78 for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter rose 9% to $652.45 million from $597.69 million last year. Analysts expected revenues of $650.60 million for the quarter.

For fiscal 2014, the company now expects earnings in the range of $3.50 to $3.60 per share and revenues of $2.57 billion to $2.62 billion. Earlier, the company expected earnings in the range of $3.35 to $3.45 per share and revenues of $2.65 billion to $2.70 billion.

Analysts now expect earnings of $3.44 per share on revenue of $2.69 billion.