Woodward Inc reports results for the quarter ended September 30 - Earnings Summary

Woodward

25/11/2024 22:01

* Woodward Inc  WWD.OQ  reported quarterly adjusted earnings
of
$1.41​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $1.33.  The mean expectation of twelve analysts for the
quarter was for earnings of $1.26 per share. Wall Street
expected results to range from $1.19  to $1.32 per share.
    * Revenue rose 10% to $854.49 million from a year ago;
analysts
expected $811.01 million. 
    * Woodward Inc's reported EPS for the quarter was $1.36​.
    * The company reported quarterly net income of $83.3
million.
    * Woodward Inc shares had risen by 2.6% this quarter and
gained 29.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "hold"

Wall Street's median 12-month price target for Woodward Inc is
$176.00 
This summary was machine generated from LSEG data November 25 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
 Sep. 30 2024      1.26           1.41           Beat
 Jun. 30 2024      1.52           1.63           Beat
 Mar. 31 2024      1.32           1.62           Beat
 Dec. 31 2023      1.10           1.45           Beat