FORT COLLINS, Colo., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD), a global leader in energy control solutions for aerospace and industrial applications, announced today that it has entered a five-year Maintenance, Repair, and Overhaul (MRO) Services agreement with Lufthansa Technik. Lufthansa Technik is a provider of regular maintenance and repair of critical fuel system components operating within fleets of various commercial airlines. Woodward will continue to provide MRO work for Luftha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-------------------------------------------------------------------------|--------------------------------------------------------|------------------------------------------------- ...

Woodward, Inc. (NASDAQ:WWD) Q3 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Dan Provaznik - Director, Investor Relations Chip Blankenship - Chairman of the Board and Chief Executive Officer Bill Lacey - Executive Vice President and Chief Financial Officer Conference Call Participants Scott Mikus - Melius Research Scott Deuschle - Deutsche Bank Pete Skibitski - Alembic Global David Strauss - Barclays Gavin Parsons - UBS Sheila Kahyaoglu - Jefferies Louis Raffetto - Wolfe Resear ...

The reported revenue compares to the Zacks Consensus Estimate of $850.98 million, representing a surprise of -0.39%. The company delivered an EPS surprise of +10.88%, with the consensus EPS estimate being $1.47. Here is how Woodward performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Woodward (WWD) reported $847.69 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 5.9%. EPS of $1.63 for the sam ...

CAUTIONARY STATEMENT 2 | YOY OPERATING EARNINGS IMPROVEMENT $72M YTD capital expenditures $348M YTD returned to shareholders through dividends and share repurchases FY 23 FY 24 EARNINGS PER SHARE (EPS) 4 | WWD Commercial OEM Sales 19% GROWTH ↑ High aircraft utilization Q3'FY23 to Q3'FY24 Q3'FY23 to Q3'FY24 DEFENSE AFTERMARKET 7 | 7 © WOODWARD, INC. PROPRIETARY FY 23 FY 24 8 | ↑6% DECLINE POWER GENERATION ↑ 3% GROWTH WWD Oil & Gas Sales 10 | 1 0 © WOODWARD, INC. PROPRIETARY FY 23 FY 24 11 | © WOODWARD, INC. ...

Woodward (WWD) came out with quarterly earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 10.88%. A quarter ago, it was expected that this maker of cockpit controls and other equipment for the defense and aerospace markets would post earnings of $1.28 per share when it actually produced earnings of $1.62, deliv ...

EXHIBIT 99.1 Woodward Reports Third Quarter Fiscal Year 2024 Results FORT COLLINS, Colo., July 29, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its third quarter of fiscal year 2024. All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. All references to years are references to the ...

FORT COLLINS, Colo., July 29, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its third quarter of fiscal year 2024. Third Quarter Overview "We delivered a solid quarter, driven by robust end-market demand and the dedicated efforts of all our members," stated Chip Blankenship, Chairman and Chief Executive Officer. "In Aerospace, increased utilization drove strong aftermarket demand in the third quarter. Total Industrial growth moderated as expected. Industrial benef ...

Wall Street analysts expect Woodward (WWD) to post quarterly earnings of $1.47 per share in its upcoming report, which indicates a year-over-year increase of 7.3%. Revenues are expected to be $850.98 million, up 6.3% from the year-ago quarter. The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a c ...

Rotary actuators are essential devices in industrial, commercial and residential applications, converting rotational motion into precise and controlled mechanical action. Unlike linear actuators, they generate circular movement. In aerospace, they control aircraft flaps, ailerons and landing gear, demonstrating their strength and reliability under extreme conditions. Woodward, in collaboration with Boeing, has started work on these actuators, aiming for production by 2026 and test flights by 2028. Headquart ...