Woodward (NASDAQ:WWD) reported its Q2 earnings results on Monday, May 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Woodward missed estimated earnings by 18.18%, reporting an EPS of $0.72 versus an estimate of $0.88.
Revenue was up $5.52 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.25 which was followed by a 0.73% drop in the share price the next day.
Here's a look at Woodward's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.81 | 0.86 | 0.97 | 0.80 |
| EPS Actual | 0.56 | 0.82 | 0.74 | 1.04 |
| Revenue Estimate | 591.08M | 605.22M | 617.09M | 572.33M |
| Revenue Actual | 541.59M | 570.22M | 556.67M | 581.32M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Woodward management provided guidance for FY 2022, expecting earnings between $3.2 and $3.6 per share.
To track all earnings releases for Woodward visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
