Woodward, Inc. (NASDAQ: WWD) reported better-than-expected first-quarter financial results on Monday.
Woodward posted adjusted earnings of $1.45 per share, beating market estimates of $1.10 per share. The company’s quarterly sales came in at $787.00 million versus expectations of $748.29 million, according to data from Benzinga Pro.
“We delivered significant sales growth and margin expansion in the first quarter. The strong start to our fiscal year reflects continued positive momentum, including robust end market demand and improved operational performance,” stated Chip Blankenship, ...