Earnings Announcement - The company expects to report its fiscal 2025 first quarter financial results on February 3, 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] Conference Call Details - The conference call will provide an overview of the company's business and financial performance [2] - The call can be accessed live via the company's website at www.woodward.com on February 3, 2025 [2] - The call and presentation will remain accessible on the website for one year [2] - Participants can also listen to the live call by dialing 1 (800) 715-9871 (U.S. domestic) or 1 (646) 307-1963 (international) with Conference ID 4675940 [3] Company Overview - Woodward, Inc is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets [4] - The company focuses on designing and delivering energy control solutions to power a clean future [4] - Its innovative systems, including fluid, combustion, electrical, propulsion, and motion control, operate in some of the world's harshest environments [4] - The company is headquartered in Fort Collins, Colorado, USA [4]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

ALWAYS INNOVATING FOR A BETTER FUTURE 2024 INVESTOR PRESENTATION CAUTIONARY STATEMENT This document contains forward-looking statements regarding future events and our future results within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "seek," "goal," "expect," "forecast," "intend," "continue," "outlook," "plan," "project," "target," "strive," "can," "could," "may," "should," "will," "would," variations of such words, and similar expr ...

Woodward, Inc. (WWD) declared a definitive agreement to acquire Safran Electronics & Defense’s electromechanical actuation business located in the United States, Mexico and Canada. This strategic move will include obtaining intellectual property, operational assets, skilled talent and long-term customer agreements related to Horizontal Stabilizer Trim Actuation (“HSTA”) systems. These systems play a critical role in aircraft stabilization, ensuring safe and efficient flight operations with notable applicati ...

Woodward, Inc. (WWD) shares have gained 24.8% in the past year, underperforming the S&P 500 composite and the sub-industry’s growth of 25.6% and 34.7%, respectively.Price PerformanceImage Source: Zacks Investment ResearchThe stock closed the last trading session at $168.70, 16% below its 52-week high of $201.64, reached on Nov. 26, 2024.Does this recent pullback from its 52-week high indicate a buying opportunity? Let’s evaluate Woodward's pros and cons to ascertain the best course of action for your portfo ...

~Acquisition provides Woodward industry-proven electromechanical technology platform for next generation aircraft. It is a step forward for Safran towards the acquisition of Collins Aerospace actuation and flight control activities~ FORT COLLINS, Colo. and PARIS, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Woodward (NASDAQ:WWD), a global leader in aerospace and industrial energy control solutions, announced today that it has signed a definitive agreement to acquire the Safran Electronics & Defense electromechanical a ...

Shares of aircraft and industrial parts supplier Woodward (WWD 4.46%) were taking off today, up as much as 12.5% before settling into a 6.8% gain as of 2 p.m. ET.Woodward made news after reporting its fiscal fourth-quarter earnings last night, which came in handily above expectations. Furthermore, the company guided for fiscal 2025 results that exceeded analyst estimates as well.Riding the friendly skies to a beatWoodward produces a diverse portfolio of products for aerospace and industrial gas markets, inc ...

FORM 10-K | --- | --- | --- | |------------|-------------------------------------------------------------------------------------------------------------|-------| | | | Page | | | PART I | | | | Forward Looking Statements | 1 | | Item 1. | Business | 2 | | Item 1A. | Risk Factors | 9 | | Item 1B. | Unresolved Staff Comments | 19 | | Item 1C. | Cybersecurity | 19 | | Item 2. | Properties | 21 | | Item 3. | Legal Proceedings | 21 | | Item 4. | Mine Safety Disclosures | 21 | | | PART II | | | Item 5. | Market ...

Woodward, Inc. (WWD) reported fourth-quarter fiscal 2024 adjusted net earnings per share (EPS) of $1.41, which jumped 6% year over year and beat the Zacks Consensus Estimate by 15.6%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly net sales increased 10% year over year to $855 million. Strong operational execution, along with continued momentum in end-market demand, led to this uptick. The top line beat the consensus estimate by 5.9%.For the full year, WWD reported net sal ...

Financial Data and Key Metrics Changes - Annual revenue exceeded $3 billion for the first time, with total net sales for 2024 at $3.32 billion, an increase of 14% year-over-year [8][24] - Earnings per share for 2024 were $6.01, compared to $3.78 in the prior year, reflecting a significant increase [24] - Free cash flow increased by more than $100 million compared to the prior year, reaching $343 million for 2024 [9][32] Business Line Data and Key Metrics Changes - Aerospace segment sales for Q4 2024 were $553 million, an increase of 22% year-over-year, with full-year sales at $2.03 billion, up 15% [25] - Industrial segment sales for Q4 2024 were $302 million, a decrease of 6%, with full-year sales at a record $1.3 billion, an increase of 13% [26][28] - Defense OEM sales increased by 40% in Q4, contributing to overall growth in the defense portfolio [25][100] Market Data and Key Metrics Changes - Aerospace market remains strong, with healthy aftermarket activity due to high utilization rates on legacy aircraft [17] - Industrial market shows robust demand for power generation, particularly in gas-fired applications [19] - Transportation market is healthy, but China on-highway sales declined due to local economic challenges [20] Company Strategy and Development Direction - The company is focused on profitable growth, operational excellence, and innovation to maximize shareholder value [22] - A strategy to expand industrial service offerings and rationalize the product portfolio was highlighted, including the sale of a combustion component fabrication product line [12][13] - Continued investment in automation and manufacturing capabilities is planned to support future growth [35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capturing growth opportunities in defense and aerospace, despite supply chain challenges [18][22] - The company anticipates solid momentum into 2025, with expectations for aerospace sales growth between 6% and 13% [33][37] - Concerns were raised about the volatility in China on-highway sales, with expectations for a significant decline in 2025 [26][34] Other Important Information - The effective tax rate for 2024 was 17.8%, an increase from 15.7% in the prior year [31] - The company returned $449 million to shareholders in 2024, including dividends and share repurchases [32][50] Q&A Session Summary Question: Regarding PMA offerings for the CFM56-7B engine - Management stated they are not focused on becoming a PMA supplier and prefer to invest in other product introductions [42] Question: Contribution of JDAMs to defense OEM growth - JDAMs contributed to the growth, along with other products in the smart defense portfolio, with expectations for continued growth in fiscal 2025 [43] Question: Status of production for Boeing - Production for Boeing has not yet restarted, pending confirmation of their anticipated restart rate targets [47] Question: Capital allocation priorities - The company aims to maintain a disciplined capital allocation strategy, focusing on high-return projects and M&A opportunities while keeping debt leverage around 1.5 times EBITDA [49] Question: Expectations for aerospace growth by market - Military OE is expected to be the strongest growth driver, followed by commercial OE, with commercial aftermarket growth anticipated to level off [80] Question: Pricing expectations for fiscal 2025 - The company expects around 5% price realization across segments, with aerospace potentially slightly stronger than industrial [87]