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Woodward, Inc. reported strong fourth-quarter earnings, with sales reaching $855 million, surpassing the IBES estimate of $811 million. The company's adjusted EBIT stood at $117 million, exceeding the consensus estimate of $108.3 million. Net income for the quarter was $83 million, while adjusted net income was $86 million, surpassing the IBES estimate of $76.9 million. Earnings per share (EPS) were reported at $1.41, beating the expected $1.25 by 13%. This performance marks a significant milestone for Woodward, as its annual revenue exceeded $3 billion for the first time, driven by robust market demand and operational excellence.
Woodward (NASDAQ: $WWD) has released its Q4 earnings, reporting an earnings per share of $1.41, beating estimates of $1.25 by 13%. The company also saw an increase in revenue of $77.42 million.
🟢 Woodward $WWD shares are trading higher after the company reported better-than-expected Q4 EPS and sales. - Revenue: $854.49M vs $812.95M - EPS: $1.41 vs $1.25 https://t.co/NgUSFbsBAq
WOODWARD, INC. Q4 EARNINGS: SALES: $855 MILLION, EXCEEDING THE IBES ESTIMATE OF $811 MILLION. || ADJUSTED EBIT: $117 MILLION, ABOVE THE CONSENSUS ESTIMATE OF $108.3 MILLION. || NET INCOME: $83 MILLION. || ADJUSTED NET INCOME: $86 MILLION, SURPASSING THE IBES ESTIMATE OF $76.9…
