Woodward (WWD) Tops Q4 EPS by 2c, Offers FY16 Guidance

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Go back to Woodward (WWD) Tops Q4 EPS by 2c, Offers FY16 Guidance

Woodward (WWD) Expects 1Q16 EPS to Decline; Cowen Cuts Price Target to $45

November 10, 2015 8:23 AM EST

Cowen maintained a Market Perform rating on Woodward (NASDAQ: WWD), and cut the price target to $45.00 (from $48.00), following the company's 4Q15 earnings report. WWD reported EPS of $0.77, beating consensus by $0.02. WWD's F16 EPS guidance is $2.75-2.95 (vs. Street's $3.04) on 1-2% sales growth (vs.... More