Woodward Reports Fiscal Year 2018 Results and Fiscal Year 2019 Outlook
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Woodward (WWD) Tops Q4 EPS by 7c, Revenues Beat; FY19 Revenue Mid-Point Guidance Above Consensus, Offers FY10 EPS Outlook,
November 7, 2018 4:09 PM ESTWoodward (NASDAQ: WWD) reported Q4 EPS of $1.39, $0.07 better than the analyst estimate of $1.32. Revenue for the quarter came in at $719 million versus the consensus estimate of $687.52 million.
Net sales were $719 million for the fourth quarter of 2018, an increase of 19 percent from the fourth quarter of last year. Organic net sales1, which exclude sales of $78 million attributable to the acquired LOrange business, were $641 million, an increase of 6 percent from the prior year fourth quarter.Net earnings were $75 million, or $1.16 per share. Adjusted... More