Woodward Reports Second Quarter Fiscal Year 2019 Results

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Go back to Woodward Reports Second Quarter Fiscal Year 2019 Results

Woodward (WWD) Tops Q2 EPS by 35c, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus, FY19 EPS Mid-Point Outlook Above Consensus

April 29, 2019 4:09 PM EDT

Woodward (NASDAQ: WWD) reported Q2 EPS of $1.40, $0.35 better than the analyst estimate of $1.05. Revenue for the quarter came in at $671 million versus the consensus estimate of $660.23 million.

Net sales were $759 million, up 38 percent. Organic net sales1 were $671 million, up 22 percentEarnings per share increased to $1.20, up from $0.60Adjusted earnings per share1 was $1.40, up from... More