Woodward, Inc. (WWD) Tops Q3 EPS by 9c, Comments on Outlook

Woodward, Inc. (NASDAQ: WWD) reported Q3 EPS of $0.69, $0.09 better than the analyst estimate of $0.60. Revenue for the quarter came in at $524.3 million versus the consensus estimate of $507.2 million.

Outlook

"We are on track to meet our recently increased guidance for fiscal 2014," said Mr. Gendron. "Our market strength and share gains are translating into increased sales and orders, and in combination with our cost reduction and productivity initiatives, have resulted in improved operating margins. Accordingly, for fiscal 2014, we continue to expect sales to be in the upper end of the range of $1.95 to $2.05 billion and earnings per share to be between $2.35 and $2.45 per share."

For earnings history and earnings-related data on Woodward, Inc. (WWD) click here.

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