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Woodward: Fiscal Q3 Earnings Snapshot

Associated Press Finance
·1 min read

FORT COLLINS, Colo. (AP) — FORT COLLINS, Colo. (AP) — Woodward Inc. (WWD) on Monday reported fiscal third-quarter earnings of $102.1 million.

On a per-share basis, the Fort Collins, Colorado-based company said it had net income of $1.63.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.

The maker of cockpit controls and other equipment for the defense and aerospace markets posted revenue of $847.7 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $851 million.

Woodward expects full-year earnings in the range of $5.80 to $6 per share, with revenue in the range of $3.25 billion to $3.3 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WWD at https://www.zacks.com/ap/WWD