HighGravityDataCurtiss-Wright — Oct 30, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000026324-24-000046
Showing in the filing
Aerospace Defense % Total Sales
“20%”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 48
Sales growth for FY2024
“7% to 9% growth”
Diluted EPS for FY2024
“$10.55 to $10.75, up 12% to 15%”
Free cash flow for FY2024
“$430 to $450 million, up 4% to 9%”
Adjusted FCF conversion for FY2024
“greater than 105%”
Quarterly dividend
“$0.21 a share”
Total Sales (Adjusted) for FY2024
“$3,050 - $3,095”
Total Sales Change vs 2023 Adjusted for FY2024
“Up 7% - 9%”
Total Operating Income (Adjusted) for FY2024
“$531 - $545”
Total Operating Margin (Adjusted) for FY2024
“17.4% - 17.6%”
Total Operating Margin Change vs 2023 Adjusted for FY2024
“0 - 20 bps”
Diluted earnings per share (Adjusted) for FY2024
“$10.55 - $10.75”
Diluted EPS (Adjusted) for FY2024
“$10.55 - $10.75”
Free cash flow (Reported/Adjusted) for FY2024
“$430 - $450”
Free Cash Flow Change vs 2023 Adjusted for FY2024
“Up 4% - 9%”
General Industrial % Total Sales for FY2024
“14%”
Naval & Power Sales Change vs 2023 Adjusted for FY2024
“8 - 9%”
Sales - Naval & Power % Chg for FY2024
“8 - 9%”
Aerospace & Industrial Operating Income Chan… for FY2024
“8 - 11%”
Operating income - Aerospace & Industrial % … for FY2024
“8 - 11%”
Ground Defense % Total Sales for FY2024
“11%”
Naval & Power Operating Income Change vs 202… for FY2024
“0 - 2%”
Operating income - Naval & Power % Chg for FY2024
“0 - 2%”
Total operating income % Chg for FY2024
“7 - 10%”
Total Operating Income Change vs 2023 Adjusted for FY2024
“7 - 10%”
Diluted earnings per share Change vs 2023 Ad… for FY2024
“12 - 15%”
Aerospace & Industrial Operating Margin Chan… for FY2024
“50 - 70 bps”
Defense Electronics Operating Margin Change … for FY2024
“70 - 90 bps”
Naval & Power Operating Margin Change vs 202… for FY2024
“(110 - 130 bps)”
Aerospace Defense Sales Growth (Current) for FY2024
“9 - 11%”
Defense Electronics Sales Change vs 2023 Adj… for FY2024
“9 - 11%”
Sales - Defense Electronics % Chg for FY2024
“9 - 11%”
Aerospace Defense % Total Sales for FY2024
“20%”
Total Aerospace & Defense Sales Growth (Curr… for FY2024
“10 - 12%”
Naval Defense % Total Sales for FY2024
“26%”
Defense Electronics Operating Income Change … for FY2024
“13 - 15%”
Operating income - Defense Electronics % Chg for FY2024
“13 - 15%”
Commercial Aerospace Sales Growth (Current) for FY2024
“16 - 18%”
Commercial Aerospace % Total Sales for FY2024
“12%”
Total Aerospace & Defense % Total Sales for FY2024
“69%”
Aerospace & Industrial Sales Change vs 2023 … for FY2024
“4 - 6%”
Sales - Aerospace & Industrial % Chg for FY2024
“4 - 6%”
Power & Process Sales Growth (Current) for FY2024
“5 - 7%”
Power & Process % Total Sales for FY2024
“18%”
General Industrial Sales Growth (Current) for FY2024
“(2 - 4%)”
Total Commercial Sales Growth (Current) for FY2024
“1 - 3%”
Total Commercial % Total Sales for FY2024
“31%”
Total Curtiss-Wright Sales Growth (Current) for FY2024
“7 - 9%”
Total Curtiss-Wright Sales % Total Sales for FY2024
“100%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Curtiss-Wright Corporation, Page 18 CURTISS-WRIGHT CORPORATION 2024 Sales Growth Guidance by End Market As of October 30, 2024 2024 % Change vs. 2023 Adjusted Prior Current % Total Sales Aerospace & Defense Markets Aerospace Defense 7 - 9% 9 - 11% 20% Ground Defense 10 - 12% 10 - 12% 11% Naval Defense 5 - 7% 9 - 11% 26% Commercial Aerospace 13 - 15% 16 - 18% 12% Total Aerospace & Defense 8 - 10% 10 - 12% 69% Commercial Markets Power & Process 4 - 6% 5 - 7% 18% General Industrial Flat (2 - 4%) 14% Total Commercial 1 - 3% 1 - 3% 31% Total Curtiss-Wright Sales 6 - 8% 7 - 9% 100% Note: Sales percentages may not add due to rounding. Curtiss-Wright Corporation, Page 19 About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE:CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,600 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit www.curtisswright.com . ### Certain statements made in this press release, including statements
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.