Earnings Alerts

Woodward Inc (WWD) Earnings: 3Q Net Sales Align with Estimates, Aerospace and Industrial Segments Show Growth

  • Net Sales: $847.7 million, up 5.9% year-over-year. Estimated: $853.8 million.
  • Aerospace Net Sales: $517.6 million, up 7.7% year-over-year. Estimated: $521.3 million.
  • Industrial Sales (including intersegment): $330.1 million, up 3.1% year-over-year. Estimated: $330.9 million.
  • Adjusted EBITDA: $160.7 million, up 9% year-over-year. Estimated: $161.1 million.
  • Aerospace Comments: Strong aftermarket demand due to increased utilization.
  • Industrial Comments: Increased sales in power generation and transportation, with flat China on-highway shipments year-over-year.
  • Analyst Ratings: 4 buys, 8 holds, 0 sells.

A look at Woodward Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Woodward Inc, a company that designs, manufactures, and services energy control systems and components for various industries, shows a promising long-term outlook based on the Smartkarma Smart Scores. With a high Growth score of 4 and strong Momentum score of 5, Woodward Inc is positioned for future expansion and market momentum. Additionally, the company demonstrates a decent level of Resilience with a score of 3, indicating its ability to withstand market challenges. Although the Value and Dividend scores are moderate at 2, the overall outlook for Woodward Inc appears positive, especially in terms of growth potential and market momentum.

Woodward Inc‘s engagement in designing and manufacturing energy control systems for sectors such as aerospace, power generation, oil and gas processing, and transportation, highlights its diverse market presence. The company caters to a wide range of industries including rail, marine, and various industrial applications. With a focus on growth and a strong market momentum, Woodward Inc‘s strategic positioning in key sectors bodes well for its long-term prospects, suggesting a potentially favorable performance in the foreseeable future based on the Smartkarma Smart Scores analysis.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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