Why Woodward Stock Is Soaring Higher Today [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
Robust demand and profitable growth Woodward is a diversified industrial manufacturer focused on power and control products for the aerospace and heavy-equipment markets. The company's fiscal second quarter saw strong demand from China for natural gas truck and bus powertrains, as well as significant interest in aerospace spare parts. The company earned $1.62 per share in the quarter on sales of $835 million, topping Wall Street's $1.32 per share in earnings on sales of $807 million consensus estimate. Net sales were up 16%, and net earnings were up 170% to $98 million. "Our improving operational performance allows us to capitalize on robust demand for Woodward products and services across both aerospace and industrial markets," CEO Chip Blankenship said in a statement. "As we drive profitable growth, operational excellence, and innovation, we remain well positioned to deliver long term shareholder value." Woodward now expects to earn between $5.70 and $6 per share for the fu
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- 4/24/24 - Beat
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- 5/17/24 - Form 8-K
- 5/7/24 - Form DEFA14A
- BA's page on the SEC website