Benzinga | Feb 1, 2021 04:45PM EST

Recap: Woodward Q1 Earnings

Shares of Woodward (NASDAQ:WWD) were flat in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 41.82% year over year to $0.64, which missed the estimate of $0.68.

Revenue of $537,619,000 decreased by 25.37% year over year, which missed the estimate of $542,860,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Feb 01, 2021

Time: 04:30 PM

ET Webcast URL: https://ir.woodward.com/events-and-presentations/events-calendar/default.aspx

Technicals

52-week high: $127.91

52-week low: $46.51

Price action over last quarter: Up 6.02%

Company Profile

Woodward Inc creates energy control and optimization solutions. The systems and solutions can help evaluate the performance, efficiencies, and emissions of its customers' products. Specifically, the control and optimization solutions are for aerospace, energy, and other industrial markets. Fluid and electrical energy, motions, or other outputs may be monitored or improved with the company's products. Also, Woodward provides aftermarket repair and replacements to enhance support. A majority of sales derive from the United States, but facilities in different regions of the world help assemble and promote its products through various locations.