Woodward Reports Third Quarter Fiscal Year 2020 Results

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Go back to Woodward Reports Third Quarter Fiscal Year 2020 Results

Woodward (WWD) Tops Q3 EPS by 12c, Revenues Beat

August 6, 2020 4:07 PM EDT

Woodward (NASDAQ: WWD) reported Q3 EPS of $0.48, $0.12 better than the analyst estimate of $0.36. Revenue for the quarter came in at $524 million versus the consensus estimate of $515.89 million.

Third Quarter Highlights

Net sales were $524 million, compared to $752 million, a decrease of 30 percentNet earnings were $38 million, compared to $66 millionAdjusted net earnings1 were $31 million, compared to $84 millionEarnings per share were $0.61, down from $1.02Adjusted earnings per share1 were $0.48,... More