teensexonline.com

Woodward (WWD) This fall Earnings: Taking a Have a look at Key Metrics Versus Estimates

Date:

For the quarter ended September 2024, Woodward (WWD) reported income of $854.49 million, up 10% over the identical interval final yr. EPS got here in at $1.41, in comparison with $1.33 within the year-ago quarter.

The reported income represents a shock of +5.90% over the Zacks Consensus Estimate of $806.85 million. With the consensus EPS estimate being $1.22, the EPS shock was +15.57%.

Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.

As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders mission a inventory’s worth efficiency extra precisely.

Right here is how Woodward carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Section exterior internet sales- Industrial: $301.70 million versus $284.12 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -6.4% change.
  • Section exterior internet sales- Aerospace: $552.79 million versus the three-analyst common estimate of $522.79 million. The reported quantity represents a year-over-year change of +21.5%.
  • Aerospace section internet sales- Protection aftermarket: $59 million versus $64.56 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +5.7% change.
  • Aerospace section internet sales- Industrial aftermarket: $174 million versus the two-analyst common estimate of $167.14 million. The reported quantity represents a year-over-year change of +22.5%.
  • Aerospace section internet sales- Industrial OEM: $194 million in comparison with the $192.68 million common estimate primarily based on two analysts. The reported quantity represents a change of +16.2% yr over yr.
  • Aerospace section internet sales- Protection OEM: $126 million versus $98.75 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +39.9% change.
  • Section earnings- Aerospace: $106 million versus the three-analyst common estimate of $100.52 million.
  • Section earnings (loss)- Industrial: $38 million versus the three-analyst common estimate of $32.98 million.

View all Key Company Metrics for Woodward here>>>

Shares of Woodward have returned +7.3% over the previous month versus the Zacks S&P 500 composite’s +2.1% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out according to the broader market within the close to time period.

Zacks’ Analysis Chief Names “Inventory Most More likely to Double”

Our workforce of specialists has simply launched the 5 shares with the best likelihood of gaining +100% or extra within the coming months. Of these 5, Director of Analysis Sheraz Mian highlights the one inventory set to climb highest.

This prime choose is among the many most modern monetary companies. With a fast-growing buyer base (already 50+ million) and a various set of leading edge options, this inventory is poised for giant good points. In fact, all our elite picks aren’t winners however this one might far surpass earlier Zacks’ Shares Set to Double like Nano-X Imaging which shot up +129.6% in little greater than 9 months.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

Woodward, Inc. (WWD) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

Share post:

Subscribe

Popular

More like this
Related