Woodward Inc reports results for the quarter ended in December - Earnings Summary

Woodward

29/01/2024 22:02

* Woodward Inc  WWD.OQ  reported quarterly adjusted earnings
of
$1.45​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 49
cents.  The mean expectation of twelve analysts for the quarter
was for earnings of $1.10 per share. Wall Street expected
results to range from 83 cents to $1.24 per share.
    * Revenue rose 27.2% to $786.73 million from a year ago;
analysts
expected $748.29 million. 
    * Woodward Inc's reported EPS for the quarter was $1.46​.
    * The company reported quarterly net income of $90.04
million.
    * Woodward Inc shares had risen by 2.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 20.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Woodward
Inc is
$149.00 

This summary was machine generated from LSEG data January 29 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.10           1.45           Beat
 Sep. 30 2023      1.31           1.33           Beat
 Jun. 30 2023      1.00           1.37           Beat
 Mar. 31 2023      0.72           1.01           Beat