Woodward: Fiscal Q3 Earnings Snapshot
FORT COLLINS, Colo. (AP) _ Woodward Inc. (WWD) on Monday reported fiscal third-quarter earnings of $39.4 million.
On a per-share basis, the Fort Collins, Colorado-based company said it had profit of 64 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The maker of cockpit controls and other equipment for the defense and aerospace markets posted revenue of $614.3 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $634 million.
Woodward expects full-year earnings in the range of $2.55 to $2.75 per share, with revenue in the range of $2.35 billion to $2.4 billion.