Woodward (WWD) Tops Q1 EPS by 23c; Maintains Outlook

Woodward (NASDAQ: WWD) reported Q1 EPS of $0.73, $0.23 better than the analyst estimate of $0.50. Revenue for the quarter came in at $443 thousand, versus $445 thousand reported last year.

Fiscal year 2017 guidance is unchanged. Net sales are expected to increase by approximately 4 to 6 percent from the prior year and earnings per share are expected to be between $2.95 and $3.25. Sales and earnings for both segments are anticipated to be in line with original guidance.

For earnings history and earnings-related data on Woodward (WWD) click here.

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