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

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Woodward Reports Second Quarter Fiscal Year 2019 Results

April 29, 2019 4:05 PM EDT

FORT COLLINS, Colo., April 29, 2019 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its second quarter of fiscal year 2019 ending March 31, 2019.  (All amounts are presented on an as reported (U.S. GAAP) basis and comparisons are year over year unless otherwise indicated. All per share amounts are presented on a fully diluted basis.)

Second Quarter Highlights

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... More