Woodward Reports First Quarter Fiscal Year 2021 Results
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Woodward (WWD) Misses Q1 EPS by 4c, Revenues Miss
February 1, 2021 4:06 PM ESTWoodward (NASDAQ: WWD) reported Q1 EPS of $0.64, $0.04 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $538 million versus the consensus estimate of $542.86 million.
First Quarter Overview
Net sales were $538 million, compared to $720 million, a decrease of 25 percent.Net earnings and adjusted net earnings1 were both $42 million, or $0.64 per share. For the first quarter of... More