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Stay Ahead of the Game With Woodward (WWD) Q4 Earnings: Wall Street's Insights on Key Metrics
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Wall Street analysts expect Woodward (WWD - Free Report) to post quarterly earnings of $1.27 per share in its upcoming report, which indicates a year-over-year increase of 51.2%. Revenues are expected to be $761.51 million, up 19% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Woodward metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Segment external net sales- Aerospace' will reach $465.32 million. The estimate points to a change of +13.9% from the year-ago quarter.
Based on the collective assessment of analysts, 'Aerospace segment net sales- Defense aftermarket' should arrive at $52.52 million. The estimate indicates a change of +10.6% from the prior-year quarter.
The consensus estimate for 'Aerospace segment net sales- Commercial aftermarket' stands at $142.57 million. The estimate indicates a year-over-year change of +21.3%.
The collective assessment of analysts points to an estimated 'Aerospace segment net sales- Commercial OEM' of $166.70 million. The estimate indicates a change of +19.3% from the prior-year quarter.
The average prediction of analysts places 'Aerospace segment net sales- Defense OEM' at $100.58 million. The estimate suggests a change of -2.9% year over year.
Analysts predict that the 'Segment earnings- Aerospace' will reach $88.53 million. The estimate compares to the year-ago value of $63.48 million.
Analysts forecast 'Segment earnings (loss)- Industrial' to reach $47.20 million. Compared to the present estimate, the company reported $20.76 million in the same quarter last year.
Over the past month, Woodward shares have recorded returns of +6% versus the Zacks S&P 500 composite's +1.4% change. Based on its Zacks Rank #4 (Sell), WWD will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Stay Ahead of the Game With Woodward (WWD) Q4 Earnings: Wall Street's Insights on Key Metrics
Wall Street analysts expect Woodward (WWD - Free Report) to post quarterly earnings of $1.27 per share in its upcoming report, which indicates a year-over-year increase of 51.2%. Revenues are expected to be $761.51 million, up 19% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Woodward metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Segment external net sales- Aerospace' will reach $465.32 million. The estimate points to a change of +13.9% from the year-ago quarter.
Based on the collective assessment of analysts, 'Aerospace segment net sales- Defense aftermarket' should arrive at $52.52 million. The estimate indicates a change of +10.6% from the prior-year quarter.
The consensus estimate for 'Aerospace segment net sales- Commercial aftermarket' stands at $142.57 million. The estimate indicates a year-over-year change of +21.3%.
The collective assessment of analysts points to an estimated 'Aerospace segment net sales- Commercial OEM' of $166.70 million. The estimate indicates a change of +19.3% from the prior-year quarter.
The average prediction of analysts places 'Aerospace segment net sales- Defense OEM' at $100.58 million. The estimate suggests a change of -2.9% year over year.
Analysts predict that the 'Segment earnings- Aerospace' will reach $88.53 million. The estimate compares to the year-ago value of $63.48 million.
Analysts forecast 'Segment earnings (loss)- Industrial' to reach $47.20 million. Compared to the present estimate, the company reported $20.76 million in the same quarter last year.
View all Key Company Metrics for Woodward here>>>
Over the past month, Woodward shares have recorded returns of +6% versus the Zacks S&P 500 composite's +1.4% change. Based on its Zacks Rank #4 (Sell), WWD will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>