Manufacturing  November 18, 2022

Woodward reports 4Q gains in revenue, earnings

FORT COLLINS – Woodward, Inc. (Nasdaq: WWD) recorded gains in revenue, net sales and net earnings for its fourth quarter ending Sept. 30, the Fort Collins-based company said this week.

Net sales were $640 million, a 12% gain from the $570 million it recorded in the same quarter of 2021. Net earnings were $54 million, or 88 cents per share, compared with $50 million and 76 cents in the fourth quarter of 2021. Adjusted earnings per share were 84 cents, compared with 82 cents in the same period last year.

The revenue figure surpassed the Zacks Equity Research consensus estimate by 2.22%.…

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With BizWest since 2012 and in Colorado since 1979, Dallas worked at the Longmont Times-Call, Colorado Springs Gazette, Denver Post and Public News Service. A Missouri native and Mizzou School of Journalism grad, Dallas started as a sports writer and outdoor columnist at the St. Charles (Mo.) Banner-News, then went to the St. Louis Post-Dispatch before fleeing the heat and humidity for the Rockies. He especially loves covering our mountain communities.
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