Woodward Inc is a global leader in the design and manufacturing of control systems and components for aerospace and industrial engines and equipment
The company focuses on optimizing the performance, efficiency, and reliability of its products, which include fuel systems, ignition systems, and engine control units. Additionally, Woodward provides advanced energy management solutions and systems to enhance energy efficiency and reduce emissions for a wide range of applications. With a strong emphasis on innovation and technology, Woodward serves diverse markets, including aerospace, defense, and various industrial sectors, helping clients achieve sustainable operational improvements.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy,
and the industry is currently lagging as its six-month return of 6% has trailed the S&P 500’s 9.3% gain.
Aerospace and defense company Woodward (NASDAQWWD) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 1.8% year on year to $772.7 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $3.4 billion at the midpoint. Its non-GAAP profit of $1.35 per share was 13.9% above analysts’ consensus estimates.
FORT COLLINS, Colo., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQWWD) today announced that its Board of Directors declared a cash dividend of $0.28 per share, an increase of 12% from the prior quarter’s dividend of $0.25 per share. The dividend will be payable on March 6, 2025, for stockholders of record as of February 20, 2025.
FORT COLLINS, Colo., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQWWD) announced today that it expects to report its fiscal 2025 first quarter financial results at approximately 4:00 p.m. ET on Monday, February 3, 2025. A news release will be issued at that time and a conference call will be held at 5:00 p.m. ET.
Woodward currently trades at $183.61 per share and has shown little upside over the past six months, posting a middling return of 2.6%. This is close to the S&P 500’s 3.8% gain during that period.
Woodward Inc. reports record 2024 growth. With strong aerospace sales and a promising 2025 outlook, WWD stock presents opportunities for savvy investors.
~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., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQWWD), a leader in aerospace and industrial energy control solutions, has published its 2024 Annual Report. The report highlights Woodward’s exceptional performance in fiscal 2024, including record revenue, which exceeded $3 billion for the first time. Earnings per share as well as segment level sales were also all-time highs driven by sustained, robust demand across aerospace and industrial end markets.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Ducommun (NYSEDCO) and the best and worst performers in the aerospace industry.
