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Woodward (WWD)
NASDAQ:WWD
Earnings Data
Report Date
May 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.07Last Year’s EPS
1.69Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strong quarter with robust revenue, margin expansion, improved price realization, and meaningful free cash generation. Management raised full-year sales and EPS guidance and outlined targeted operational and capacity investments. Notable challenges include persistent supply-chain constraints, elevated inventories (which temper free cash flow), and the planned wind-down of the volatile China on-highway business with associated restructuring costs. Overall, the positives (material growth, margin expansion, guidance raise, and balance-sheet strength) outweigh the negatives, which are largely operational and being actively managed.Company Guidance
Strong Revenue and EPS Growth
Net sales of $996 million, up 29% year over year. GAAP earnings per share of $2.17 (up ~54% YoY as noted on the call). Consolidated sales growth accelerated substantially versus prior year.
Aerospace Segment Outperformance
Aerospace sales $635 million, up 29% YoY. Aerospace segment margin expanded to 23.4% from 19.2% (a 420 basis point improvement). Commercial services sales increased ~15%; commercial OEM sales up 22%; defense OEM sales up 23%. Elevated spare LRU provisioning contributed meaningfully to quarter results.
Industrial Segment Strength
Industrial sales $362 million, up 30% YoY. Core industrial sales (ex China on-highway) increased ~22%. Industrial segment margin expanded to 18.5% from 14.4% (a 410 basis point improvement); core industrial margin expanded 200 basis points to 17.3%. Strong growth across marine transportation (+38%), oil & gas (+28%), and power generation (mid-teens ex-divestiture).
Improved Price Realization
Pricing contributed meaningfully in the quarter: price at the company level was ~8% in Q1 (higher than prior 5% expectation), and management revised total-year price expectation toward ~7%.
Strong Cash Generation and Balance Sheet
Net cash provided by operating activities of $114 million vs $35 million prior-year. First-quarter free cash flow of $70 million vs $1 million prior-year. Capital expenditures were $44 million in the quarter. Debt leverage reported at ~1.2x EBITDA, supporting capital allocation flexibility.
Raised Full-Year Guidance
Company raised FY26 consolidated sales growth guidance to 14–18% and EPS guidance to $8.20–$8.60. Aerospace sales growth guide 15–20% with margins 22–23%; Industrial sales growth guide 11–14% with margins 16–17%.
Operational Investments and Capacity Expansion
Planned facility and capacity investments: Prestwick (Scotland) expansion to reduce turn times, additional test stands at Rockford, Spartanburg facility build-out and automation projects. Partnership with external MROs to expand service capacity and choice for customers.
WWD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WWD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 02, 2026 | $327.25 | $371.17 | +13.42% |
Nov 24, 2025 | $261.18 | $293.67 | +12.44% |
Jul 28, 2025 | $257.93 | $261.53 | +1.40% |
Apr 28, 2025 | $180.80 | $184.17 | +1.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Woodward (WWD) report earnings?
Woodward (WWD) is schdueled to report earning on May 04, 2026, After Close (Confirmed).
What is Woodward (WWD) earnings time?
Woodward (WWD) earnings time is at May 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WWD EPS forecast?
WWD EPS forecast for the fiscal quarter 2026 (Q2) is 2.07.