Woodward: Fiscal 3Q Earnings Snapshot
FORT COLLINS, Colo. (AP) _ Woodward Inc. (WWD) on Monday reported fiscal third-quarter profit of $49.1 million.
On a per-share basis, the Fort Collins, Colorado-based company said it had profit of 77 cents. Earnings, adjusted for non-recurring costs, were $1.12 per share.
The maker of cockpit controls and other equipment for the defense and aerospace markets posted revenue of $588.1 million in the period.
Woodward expects full-year earnings to be $3.80 per share, with revenue expected to be $2.3 billion.
Woodward shares have increased nearly 6 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $80.90, a climb of 15 percent in the last 12 months.