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.
Woodward, Inc. reports developments tied to its aerospace and industrial control systems business. The company designs, manufactures, and services components such as fuel controls, pumps, actuators, valves, sensors, electronics, ignition systems, fuel injection systems, and flight deck controls for turbine engines, aircraft, power generation, transportation, and oil and gas applications.
Recurring Woodward news includes quarterly results and outlook updates for its Aerospace and Industrial segments, cash dividend declarations, board and governance changes, and customer or service-network agreements. Recent company announcements also cover licensed repair service facility arrangements and parts distribution for commercial aviation engines, including support for Woodward components used in CFM LEAP, GEnx, and CF34 platforms.
Woodward (NASDAQ: WWD) has announced its upcoming fiscal 2025 second quarter earnings release schedule. The company will publish its financial results on Monday, April 28, 2025 at approximately 4:00 p.m. ET, followed by a conference call at 5:00 p.m. ET.
Investors and interested parties can access the earnings call through multiple channels:
- Via Woodward's website (www.woodward.com) under the 'Investors / Events and Presentations' section
- By phone: (800) 715-9871 (U.S. domestic) or +1 (646) 307-1963 (international)
The conference call will provide an overview of Woodward's business and financial performance. Participants are advised to register before the call begins using Conference ID 4675940. The presentation materials and recording will remain accessible on the company's website for one year.
Woodward (NASDAQ:WWD) announced a 12% increase in its quarterly cash dividend, raising it from $0.25 to $0.28 per share. The dividend will be paid on March 6, 2025, to stockholders of record as of February 20, 2025. This increase demonstrates the company's commitment to returning value to shareholders through growing dividend payments.
Woodward (NASDAQ: WWD) reported Q1 FY2025 results with net sales of $773M (-2% YoY) and net earnings of $87M (-3% YoY). The company's Aerospace segment showed growth in both sales and margin, despite Boeing delivery challenges, with strong commercial and defense aftermarket demand. The Industrial segment experienced broad-based strength in power generation, oil & gas, and marine transportation, offset by declining China on-highway natural gas truck sales.
Key financial metrics include adjusted EPS of $1.35 (-7% YoY), cash from operations of $35M (-26% YoY), and free cash flow of $1M (-81% YoY). The Aerospace segment revenue grew 7% to $494M, while Industrial segment revenue declined 15% to $279M. The company reaffirmed most of its 2025 guidance, adjusting its expected tax rate to 19% and narrowing adjusted EPS guidance to $5.85-6.25.
Woodward (NASDAQ: WWD) has announced the schedule for its fiscal 2025 first quarter earnings release and conference call. The company will release its financial results on Monday, February 3, 2025, at approximately 4:00 p.m. ET, followed by a conference call at 5:00 p.m. ET.
The conference call will provide an overview of Woodward's business and financial performance. Investors can access the call through the company's website at www.woodward.com under the 'Investors/Events and Presentations' section, or by dialing 1 (800) 715-9871 (U.S. domestic) or 1 (646) 307-1963 (international) with Conference ID 4675940. The presentation materials will remain accessible on the website for one year.
Woodward (WWD) has signed a definitive agreement to acquire Safran Electronics & Defense's electromechanical actuation business in North America. The acquisition includes operations assets, intellectual property, talent, and long-term customer agreements for Horizontal Stabilizer Trim Actuation (HSTA) systems, notably used in the Airbus A350. The deal encompasses other electromechanical products and electronic control units for commercial airliners and business aircraft.
The transaction is expected to close in mid-2025, subject to regulatory approvals and customary conditions. While financial terms were not disclosed, the acquisition is described as not financially material and was made in the ordinary course of business.
Woodward (NASDAQ:WWD) has released its 2024 Annual Report, showcasing a record-breaking fiscal year. The company, which specializes in aerospace and industrial energy control solutions, achieved unprecedented revenue surpassing $3 billion for the first time in its history. The exceptional performance was marked by all-time highs in earnings per share and segment-level sales, driven by strong demand across both aerospace and industrial markets. The report, which includes the Form 10-K for the year ended September 30, 2024, is available on Woodward's website.
Woodward (WWD) reported record financial results for fiscal year 2024, with total sales reaching $3.3 billion, up 14% year-over-year. Fourth quarter sales were $855 million, increasing 10%. The company achieved significant earnings growth with full-year EPS of $6.01, up 59%. Aerospace segment showed strong performance with 15% annual revenue growth, while Industrial segment grew 13%. For fiscal 2025, Woodward expects continued growth in Aerospace but projects Industrial segment sales to decline 7-11% due to reduced China on-highway natural gas truck sales.
Woodward (WWD) has signed a definitive agreement to sell its heavy duty gas turbines combustion parts business in Greenville, S.C., to GE Vernova (GEV). The transaction involves assets dedicated to supplying parts and services to GE Vernova and is expected to close in early 2025. The deal is not considered financially material to Woodward, and the transaction amount remains undisclosed. The acquisition aims to strengthen GE Vernova's domestic supply chain amid increasing demand for heavy duty gas turbines and upgrades globally. Both companies are working to ensure a smooth transition for Greenville employees.
Woodward (NASDAQ: WWD), a provider of aerospace and industrial energy control solutions, has scheduled its fiscal 2024 fourth quarter and full year earnings release for Monday, November 25, 2024, at approximately 4:00 p.m. ET. A conference call will follow at 5:00 p.m. ET, where the company will present an overview of its business and financial performance. The call will be accessible through the company's website at woodward.com or via telephone, with Conference ID 4675940.
Woodward Inc. (NASDAQ:WWD) has announced a quarterly cash dividend of $0.25 per share. The dividend will be payable on December 5, 2024, to stockholders of record as of November 21, 2024. This declaration by the Board of Directors demonstrates Woodward's commitment to returning value to its shareholders. The consistent dividend payout may be seen as a positive signal of the company's financial stability and confidence in its future performance.