Woodward (WWD) Tops Q1 EPS by 8c, Revenues Beat; Offers FY20 EPS Mid-Point Guidance Below Consensus, FY20 Revenue Guidance Below Consensus

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Go back to Woodward (WWD) Tops Q1 EPS by 8c, Revenues Beat; Offers FY20 EPS Mid-Point Guidance Below Consensus, FY20 Revenue Guidance Below Consensus

Woodward Reports First Quarter Fiscal Year 2020 Results

February 3, 2020 4:05 PM EST

FORT COLLINS, Colo., Feb. 03, 2020 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its first quarter of fiscal year 2020 ending December 31, 2019. (All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated.)

First Quarter Highlights

Net sales were $720 million, compared to $653 million, an increase of 10 percent.Net earnings were... More