Woodward to report Q1 earnings with revenue down, earnings decrease, concerns in truck market
From Nasdaq: 2025-01-31 07:58:00
Woodward, Inc is set to report first-quarter fiscal 2025 results on Feb. 3. Analysts expect revenues of $778.5 million, down 1.1%, and earnings of $1.14 per share, a 21.4% decrease. The Aerospace segment is expected to drive growth, while concerns remain about China’s truck market and supply-chain challenges.
Woodward recently acquired Safran Electronics & Defense’s electromechanical actuation business and sold its heavy-duty gas turbines combustion parts business to GE Vernova. The company aims to focus on core growth areas while ensuring a smooth transition for employees.
Analysts predict Woodward won’t beat earnings this quarter. With an Earnings ESP of -0.79% and a Zacks Rank #3, an earnings beat is unlikely. Consider stocks like QUALCOMM, O’Reilly Automotive, and Amazon.com for potential earnings beats this reporting cycle.
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Read more at Nasdaq: Woodward to Report Q1 Earnings: Here’s What Investors Should Know