Recap: Woodward Q2 Earnings

Woodward 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:

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.