Woodward shares fall on lowered guidance

FORT COLLINS – Shares of Fort Collins-based Woodward Inc. (Nasdaq: WWD) fell this week after the company lowered its full-year guidance.

Woodward shares were down 7.43% in extended trading on Monday, closing at $104.79, and by midafternoon today they were trading at $94.

In Monday’s fiscal third-quarter report, Woodward listed net income of $39 million, or 64 cents a share, compared with $49 million, or 74 cents a share, in the same quarter a year ago. Five analysts surveyed by Zacks Investment Research had forecast earnings of 91 cents a share.

Third-quarter sales were $614 million, compared with $557 million in the same…