Woodward: Fiscal Q2 Earnings Snapshot
By Ap News
Published - Apr 29, 2024, 04:42 PM ET
Last Updated - May 27, 2024, 01:05 AM EDT
FORT COLLINS, Colo. (AP) — FORT COLLINS, Colo. (AP) — Woodward Inc. (WWD) on Monday reported fiscal second-quarter profit of $97.6 million.
The Fort Collins, Colorado-based company said it had profit of $1.56 per share. Earnings, adjusted for non-recurring costs, were $1.62 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The maker of cockpit controls and other equipment for the defense and aerospace markets posted revenue of $835.3 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $802.4 million.
