Analysts Estimate Woodward (WWD) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - The market anticipates a year-over-year decline in Woodward's earnings due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Woodward is expected to report quarterly earnings of $1.14 per share, reflecting a year-over-year decrease of 21.4% [3]. - Revenues are projected to be $778.5 million, down 1.1% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.5% over the last 30 days, indicating a bearish sentiment among analysts [4]. - The Most Accurate Estimate for Woodward is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.79% [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a strong predictive power for positive readings [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have shown a nearly 70% success rate in delivering positive surprises [8]. Historical Performance - Woodward has consistently beaten consensus EPS estimates in the past four quarters, including a surprise of +15.57% in the last reported quarter [12][13]. Conclusion - Despite a strong historical performance, Woodward does not appear to be a compelling earnings-beat candidate based on current estimates and revisions [16].