Welcome to our dedicated page for Woodward news (Ticker: $WWD), a resource for investors and traders seeking the latest updates and insights on Woodward stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Woodward's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Woodward's position in the market.
Woodward, Inc. (NASDAQ:WWD) reported strong second-quarter fiscal year 2024 results, with net sales reaching $835 million, a 16% increase from the prior year. Net earnings were $98 million, or $1.56 per share. Adjusted net earnings were $101 million. The company raised its full-year guidance due to operational excellence driving sales growth and margin expansion. Aerospace and Industrial segments showed significant growth in sales and earnings. Cash flow increased, and debt decreased, positioning Woodward well for future growth.
