Company Performance - Woodward reported quarterly earnings of $1.69 per share, exceeding the Zacks Consensus Estimate of $1.44 per share, and up from $1.62 per share a year ago, adjusted for non-recurring items [1] - The earnings surprise for this quarter was 17.36%, following a previous quarter where earnings of $1.35 per share surpassed expectations of $1.14 per share by 18.42% [2] - The company achieved revenues of $883.63 million for the quarter, surpassing the Zacks Consensus Estimate by 6.43%, compared to $835.34 million in the same quarter last year [3] Stock Performance - Woodward shares have increased approximately 9.3% since the beginning of the year, contrasting with a decline of 6.1% in the S&P 500 [4] - The current consensus EPS estimate for the upcoming quarter is $1.61, with expected revenues of $873.55 million, and for the current fiscal year, the EPS estimate is $6.13 on revenues of $3.39 billion [8] Industry Outlook - The Aerospace - Defense Equipment industry, to which Woodward belongs, is currently ranked in the top 12% of over 250 Zacks industries, indicating a favorable outlook [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Woodward's stock performance [6]

Financial Data and Key Metrics Changes - Woodward's net sales increased by 6% year over year, reaching $884 million, while adjusted earnings per share rose by 4% to $1.69 [9][21] - Net cash provided by operating activities for the first half was $112 million, down from $144 million, and free cash flow decreased to $60 million from $88 million [21][22] - Debt leverage as of March 31, 2025, was 1.5x EBITDA [22] Business Line Data and Key Metrics Changes - Aerospace segment sales increased by 13% to $562 million, with defense OEM sales up 52% and commercial aftermarket sales up 23% [24] - Industrial segment sales decreased by 5% to $322 million, with transportation down 18% due to a decline in China On Highway sales [27] - Core industrial sales, excluding China On Highway, increased by 11% [27] Market Data and Key Metrics Changes - China On Highway sales were $21 million, a decrease of $45 million from the prior year [27] - The aerospace market outlook remains bullish despite concerns about soft forward bookings in the U.S. and some international routes [12][15] Company Strategy and Development Direction - The company is focused on lean transformation and operational excellence to support growth in aerospace and industrial segments [10][13] - Woodward is actively monitoring tariff impacts and managing supply chain disruptions while maintaining a localized production strategy to mitigate risks [16][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in long-term prospects and reaffirmed guidance for revenue and adjusted EPS, reflecting strong first-half performance [19][20] - Concerns were raised about potential impacts from tariffs and economic downturns, but the company remains optimistic about defense OE growth [15][20] Other Important Information - The company plans to return approximately $215 million to stockholders in 2025, including $150 million in share repurchases and $65 million in dividends [23] - The Micronet platform for advanced turbine control systems was highlighted as a key innovation milestone [13][14] Q&A Session Summary Question: Can you further decompose the commercial aftermarket growth in the quarter? - Management noted that growth was broad-based, with a significant contribution from spare parts orders to MRO facilities [34] Question: How far does the backlog run in marine transportation? - The backlog is extended into 2029, but trade tensions could impact fleet utilization [37] Question: Given trade tensions, does it make sense to find a different owner for the China On Highway product line? - Management is continuously evaluating the portfolio but has no immediate comments on potential actions [45] Question: What drove the 52% increase in defense OE growth? - The increase was largely attributed to smart defense programs and overall health in other programs [98] Question: What is the latest full-year China On Highway expectation? - The expectation has been raised to around $50 million due to better-than-expected Q2 performance [72] Question: How is the tariff impact embedded into guidance? - The company anticipates $10 to $15 million of pressure from tariffs, which has been factored into the updated guidance [96]

EXHIBIT 99.1 Woodward Reports Second Quarter Fiscal Year 2025 Results ~Results in Line with Expectations, on Track to Deliver Full-Year Guidance~ FORT COLLINS, Colo., April 28, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its second quarter of fiscal year 2025. 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 references to years are references to the Compan ...

Core Insights - Woodward, Inc. reported second quarter fiscal year 2025 results that met expectations, with strong performance in the aerospace segment driven by demand for smart defense and commercial aftermarket activity [4][5][15] - The company raised the low end of its sales and adjusted EPS guidance for the fiscal year 2025, reflecting confidence in managing current operating conditions and tariff impacts [4][15] Financial Performance - Net sales for Q2 2025 were $884 million, a 6% increase from $835 million in Q2 2024; year-to-date sales reached $1,656 million, up 2% from $1,622 million [4][6] - Net earnings for Q2 2025 were $109 million, a 12% increase from $98 million in Q2 2024; year-to-date net earnings were $196 million, up 5% from $188 million [4][6] - Adjusted net earnings for Q2 2025 were $103 million, a 3% increase from $101 million in Q2 2024; year-to-date adjusted net earnings were $186 million, down 3% from $191 million [4][6] - Earnings per share (EPS) for Q2 2025 were $1.78, a 14% increase from $1.56 in Q2 2024; year-to-date EPS was $3.20, up 6% from $3.02 [4][6] Segment Performance - Aerospace segment revenue for Q2 2025 was $562 million, a 13% increase from $498 million in Q2 2024, with segment earnings rising to $125 million, a 27% increase [9][32] - Industrial segment revenue for Q2 2025 was $338 million, a 5% decrease from $322 million in Q2 2024, with segment earnings declining to $65 million, a 30% decrease [11][32] Guidance and Outlook - The company revised its fiscal year 2025 guidance, now expecting total sales between $3,375 million and $3,500 million, up from the previous range of $3,300 million to $3,500 million [15][17] - Adjusted EPS guidance was raised to a range of $5.95 to $6.25, reflecting strong year-to-date performance [15][17] Cash Flow and Financial Position - Cash from operations for Q2 2025 was $78 million, a 20% decrease from $97 million in Q2 2024; year-to-date cash from operations was $112 million, down 22% from $144 million [4][7] - Free cash flow for Q2 2025 was $59 million, a 28% decrease from $83 million in Q2 2024; year-to-date free cash flow was $60 million, down 31% from $88 million [4][7]

Woodward, Inc. (WWD) is scheduled to report second-quarter fiscal 2025 results on April 28.The Zacks Consensus Estimate for revenues is pegged at $830.3 million, which implies a decline of 0.6% from the year-ago reported number. The consensus mark for earnings is pegged at $1.44 per share, indicating a year-over-year fall of 11.1%.WWD’s earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 17.9%. Woodward’s shares have gained 20.2% compared wit ...

Wall Street analysts forecast that Woodward (WWD) will report quarterly earnings of $1.44 per share in its upcoming release, pointing to a year-over-year decline of 11.1%. It is anticipated that revenues will amount to $830.26 million, exhibiting a decline of 0.6% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of thei ...

Company Overview - Woodward (WWD) is expected to report earnings of $1.44 per share for the quarter ended March 2025, reflecting a year-over-year decline of 11.1% [3] - Revenues are anticipated to be $830.26 million, down 0.6% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on April 28, 2025, and could influence stock movement based on whether actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 0.39% higher in the last 30 days, indicating a slight bullish sentiment among analysts [4] Earnings Surprise Prediction - Woodward has a positive Earnings ESP of +3.95%, suggesting analysts are optimistic about the company's earnings prospects [11] - The company holds a Zacks Rank of 2 (Buy), which, when combined with the positive Earnings ESP, indicates a high likelihood of beating the consensus EPS estimate [11][8] Historical Performance - In the last reported quarter, Woodward exceeded the expected earnings of $1.14 per share by delivering $1.35, resulting in a surprise of +18.42% [12] - Over the past four quarters, Woodward has consistently beaten consensus EPS estimates [13] Industry Comparison - Teledyne Technologies (TDY), a peer in the aerospace-defense equipment industry, is expected to report earnings of $4.92 per share, reflecting a year-over-year increase of 8.1% [17] - Teledyne's revenues are projected to be $1.42 billion, up 5.5% from the previous year, but it has a negative Earnings ESP of -0.12% and a Zacks Rank of 3 (Hold), making it difficult to predict an earnings beat [18]

Company Overview - Woodward, Inc. is a global leader in the design, manufacture, and service of energy conversion and control solutions for aerospace and industrial equipment markets [4] - The company is headquartered in Fort Collins, Colorado, USA, and focuses on delivering energy control solutions that support a clean future [4] Upcoming Financial Results - Woodward, Inc. is scheduled to report its fiscal 2025 second quarter financial results on April 28, 2025, at approximately 4:00 p.m. ET [1] - A news release will be issued at that time, followed by a conference call at 5:00 p.m. ET [1][2] Conference Call Details - The conference call will provide an overview of the company's business and financial performance [2] - Participants can listen to the call live via the company's website or by dialing specific phone numbers for U.S. domestic and international access [2][3] - The Conference ID for the call is 4675940, and participants are encouraged to call prior to the start time for registration [3]

Core Viewpoint - Woodward, Inc. (WWD) has shown muted growth with a year-to-date increase of 9.7%, outperforming the Aerospace-Defense Equipment industry's growth of 2.8% and the S&P 500's decline of 5.1%, raising questions about the potential for further stock momentum [1]. Price Performance - WWD stock is trading above its 100-day moving average, indicating strong upward momentum and price stability, closing at $182.49, which is 9.5% below its 52-week high of $201.64 reached on November 26, 2024 [3]. Aerospace Unit as a Catalyst - The Aerospace segment is a key driver for Woodward's revenue growth, with expectations for improvement in upcoming quarters due to strong commercial aftermarket demand and increased defense activity, despite supply chain challenges [5]. - In Q1 of fiscal 2025, net sales in the Aerospace segment rose by 7% year-over-year, with defense OEM and aftermarket sales increasing by 21% and 8%, respectively, and commercial aftermarket sales up by 19% [8]. - Geopolitical factors are boosting demand for defense products, with anticipated revenue growth in the Aerospace segment ranging from 6-13% for fiscal 2025, and segment earnings expected to be 20-21% of revenues [9]. Industrial Business Tailwinds - Woodward's Industrial segment benefits from strong demand for power generation and backup power for data centers, alongside increased investment in gas-powered generation for grid stability [10]. - The company is also seeing growth in alternative fuels in the marine industry and positive investment outlooks in refining and petrochemical activities in China, the Middle East, and India [10]. - However, challenges such as supply chain issues and a decline in revenues from China's on-highway natural-gas trucks are expected to impact the Industrial segment, with revenues projected to decline by 7-11% [12]. Capital Deployment Strategy - Woodward's capital allocation strategy supports innovation and acquisitions, returning $449 million to shareholders in fiscal 2024 through dividends and share repurchases [13]. - The quarterly dividend was increased by 12% to 28 cents per share in February 2025 [14]. Valuation - WWD stock is currently trading at a forward 12-month Price/Earnings ratio of 27.48X, which is lower than the industry average of 35.93X, presenting an attractive investment opportunity [15]. Investment Strategy - The combination of momentum in the Aerospace and Industrial segments, discounted valuation, and shareholder returns positions WWD as an appealing long-term investment [16].

Group 1 - Woodward operates in two sectors: aerospace and industrial, focusing on strategic areas such as defense and energy [1] - The company has recently agreed to acquire another entity, which is expected to enhance its operational capabilities [1] Group 2 - The firm is involved in important contracts and operations that underline its significance in the aerospace and industrial sectors [1]