Woodward Reports Fiscal Year 2020 Results

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Woodward (WWD) Tops Q4 EPS by 21c, Revenues Beat

November 19, 2020 4:06 PM EST

Woodward (NASDAQ: WWD) reported Q4 EPS of $0.75, $0.21 better than the analyst estimate of $0.54. Revenue for the quarter came in at $531 million versus the consensus estimate of $520.52 million.

Fourth Quarter Fiscal 2020 Overview

Net sales were $531 million, compared to $737 million, a decrease of 28 percent.Earnings per share were $0.89, down from $1.03.Adjusted earnings per share1 were $0.75, down from $1.22.

Fiscal year 2020 marked one of the most volatile periods in the global macro-economic... More