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Curtiss-Wright — Feb 14, 2024 release

Fiscal 2023 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001157523-24-000252
Open on SEC.gov ↗
Showing in the filing
Aerospace Defense % Total Sales
“20%”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 32
Free cash flow generation for FY2024
“ranging from $415 to $435 million”
Quarterly dividend
“$0.20 a share”
Total Sales for FY2024
“$2,960 - $3,010”
Total Sales % Chg vs 2023 Adjusted for FY2024
“Up 4% - 6%”
Operating Income for FY2024
“$514 - $528”
Operating Income % Chg vs 2023 Adjusted for FY2024
“Up 4% - 7%”
Operating Margin for FY2024
“17.4% - 17.6%”
Operating Margin % Chg vs 2023 Adjusted for FY2024
“Up 0 - 20 bps”
Diluted EPS for FY2024
“$10.00 - $10.30”
Diluted EPS % Chg vs 2023 Adjusted for FY2024
“Up 7% - 10%”
Free Cash Flow % Chg vs 2023 Adjusted for FY2024
“Up 0% - 5%”
Operating income - Aerospace & Industrial % … for FY2024
“5 - 8%”
Operating income - Defense Electronics % Chg for FY2024
“3 - 6%”
Operating income - Naval & Power % Chg for FY2024
“2 - 5%”
Diluted shares outstanding for FY2024
“38.5”
Effective tax rate for FY2024
“23.5%”
Sales - Defense Electronics % Chg for FY2024
“5 - 7%”
Total Aerospace & Defense sales growth for FY2024
“5 - 7%”
Aerospace Defense % Total Sales for FY2024
“20%”
Ground Defense % Total Sales for FY2024
“11%”
Naval Defense sales growth for FY2024
“3 - 5%”
Naval Defense % Total Sales for FY2024
“25%”
Commercial Aerospace sales growth for FY2024
“10 - 12%”
Commercial Aerospace % Total Sales for FY2024
“12%”
Total Aerospace & Defense % Total Sales for FY2024
“67%”
Power & Process sales growth for FY2024
“3 - 5%”
Sales - Aerospace & Industrial % Chg for FY2024
“3 - 5%”
General Industrial sales growth for FY2024
“1 - 3%”
Total Commercial sales growth for FY2024
“2 - 4%”
Ground Defense sales growth for FY2024
“4 - 6%”
Sales - Naval & Power % Chg for FY2024
“4 - 6%”
Total Curtiss-Wright Sales growth for FY2024
“4 - 6%”
Exhibit 99.1 · the passage around this item
… earlier in the release
CURTISS-WRIGHT CORPORATION 2024 Sales Growth Guidance by End Market As of February 14, 2024                       2024 % Change vs 2023 Adjusted   % Total Sales         Aerospace & Defense Markets       Aerospace Defense 5 - 7%   20% Ground Defense 4 - 6%   11% Naval Defense 3 - 5%   25% Commercial Aerospace 10 - 12%   12% Total Aerospace & Defense 5 - 7%   67%         Commercial Markets       Power & Process 3 - 5%   18% General Industrial 1 - 3%   15% Total Commercial 2 - 4%   33%         Total Curtiss-Wright Sales 4 - 6%   100%         Note: Sales percentages may not add due to rounding.   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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.