Recap: Woodward Q2 Earnings

Woodward WWD reported its Q2 earnings results on Monday, May 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Woodward missed estimated earnings by 18.18%, reporting an EPS of $0.72 versus an estimate of $0.88.

Revenue was up $5.52 million from the same period last year.

Last quarter the company missed on EPS by $0.25 which was followed by a 0.73% drop in the share price the next day.

Here's a look at Woodward's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.81	0.86	0.97	0.80
EPS Actual	0.56	0.82	0.74	1.04
Revenue Estimate	591.08M	605.22M	617.09M	572.33M
Revenue Actual	541.59M	570.22M	556.67M	581.32M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Woodward management provided guidance for FY 2022, expecting earnings between $3.2 and $3.6 per share.

To track all earnings releases for Woodward visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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