Woodward's stock price target is updated to $218, reflecting a 16% upside, despite challenges in the aerospace and transportation segments. First quarter sales declined 2% to $773 million, with aerospace sales up 7% but industrial sales down 15%. Guidance remains stable with $3.3-$3.5 billion in sales and $350-$400 million in free cash flow, despite a slight EPS guide adjustment.
WWD's fiscal first-quarter revenues affected by Boeing work stoppage and continued weakness in China on-highway natural gas trucks business.
Woodward, Inc. (NASDAQ:WWD ) Q1 2025 Earnings Conference Call February 3, 2025 5:00 PM ET Company Participants Dan Provaznik - Director, IR Chip Blankenship - Chairman & CEO Bill Lacey - CFO Conference Call Participants Scott Mikus - Melius Research Scott Deuschle - Deutsche Bank Sheila Kahyaoglu - Jefferies Matthew Akers - Wells Fargo Peter Skibitski - Alembic Global Partner Advisors Christopher Glynn - Oppenheimer David Strauss - Barclays Gavin Parsons - UBS Noah Poponak - Goldman Sachs Michael Ciarmoli - Truist Securities Louis Raffetto - Wolfe Research Gautam Khanna - TD Cowen Tony Bancroft - Gabelli Funds Operator Ladies and gentlemen, thank you for standing by. Welcome to the Woodward Incorporated First Quarter Fiscal Year 2025 Earnings Call.
While the top- and bottom-line numbers for Woodward (WWD) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Woodward (WWD) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.45 per share a year ago.
WWD's fiscal first-quarter performance is expected to have gained from steady momentum in Aerospace amid weakness in China's on-highway natural gas truck market business.
Woodward (WWD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does Woodward (WWD) have what it takes to be a top stock pick for momentum investors? Let's find out.
Woodward (WWD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Woodward Inc. NASDAQ: WWD manufactures critical control systems and components for the commercial aviation, industrial, and defense industries. Modern commercial passenger airliners can contain up to five million components, while military aircraft can have up to two million.
Woodward (WWD) reported earnings 30 days ago. What's next for the stock?
WWD will acquire Safran's actuation business in North America, boosting aerospace capabilities with cutting-edge HSTA tech and next-gen aircraft solutions.