Woodward: Fiscal First Quarter Earnings Overview

Woodward Inc. Surpasses Earnings Expectations in First Quarter

Woodward Inc., headquartered in Fort Collins, Colorado, announced on Monday that it achieved a net income of $133.7 million for its fiscal first quarter.

The company reported earnings of $2.17 per share, outperforming the consensus forecast of $1.65 per share from three analysts polled by Zacks Investment Research.

Specializing in cockpit controls and various aerospace and defense components, Woodward also reported quarterly revenue of $996.5 million. This figure exceeded the analysts’ projection of $905 million.

Looking ahead, Woodward anticipates its full-year earnings to range between $8.20 and $8.60 per share.