Woodward (NASDAQ:WWD) reported better-than-expected first-quarter financial results and raised its FY26 guidance above estimates on Monday.
Woodward reported quarterly earnings of $2.17 per share which beat the analyst consensus estimate of $1.66 per share. The company reported quarterly sales of $996.454 million which beat the analyst consensus estimate of $893.227 million.
Woodward raised its FY2026 adjusted EPS guidance from $7.50-$8.00 to $8.20-$8.60 and also increased its sales guidance from $3.817 billion-$3.995 billion to $4.066 billion-$4.209 billion.
“We delivered strong first quarter 2026 performance that exceeded our expectations,” said Chip Blankenship, Chairman and Chief Executive Officer. “Year-over-year growth was broad-based across both segments and reflected strong demand and disciplined execution by our global …