Curtiss-Wright Corporation (CW) CEO Lynn Bamford on Q1 2021 Results - Earnings Call Transcript

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Q1: 2021-05-05 Earnings Summary

EPS of $1.51 beats by $0.21
 | Revenue of $597.06M (-0.69% Y/Y) beats by $18.09M

Curtiss-Wright Corporation (NYSE:CW) Q1 2021 Earnings Conference Call May 6, 2021 10:00 AM ET

Company Participants

Jim Ryan - Senior Director, IR
Lynn Bamford - CEO, President
Chris Farkas - CFO, VP

Conference Call Participants

Mike Ciarmoli - Truist
Peter Arment - Baird
Myles Walton - UBS

Operator

Good day, and thank you for standing by. Welcome to the Curtiss-Wright First Quarter 2021 Financial Results Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Jim Ryan, Senior Director of Investor Relations. Please go ahead.

Jim Ryan

Thank you, Dana, and good morning, everyone. Welcome to Curtiss-Wright's First Quarter 2021 Earnings Conference Call. Joining me on the call today are President and Chief Executive Officer, Lynn Bamford; and Vice President and Chief Financial Officer, Chris Farkas. Our call today is being webcast and the press release as well as a copy of today's financial presentation is available for download through the Investor Relations section of our company website at www.curtisswright.com.

A replay of this webcast also can be found on the website. Please note today's discussion will include certain projections and statements that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are not guarantees of future performance. We detail those risks and uncertainties associated with our forward-looking statements in our public filings with the SEC.

As a reminder, the company's results include an adjusted non-GAAP view that excludes certain costs in order to provide greater transparency into Curtiss-Wright's ongoing operating and financial performance. Also note that both our adjusted results and full year guidance exclude our build-to-print actuation product line that supported the 737 MAX program, as well as our German valves business, which was classified as held for sale in the fourth

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