Woodward Results Miss Estimate; Provides Strong FY15 EPS Guidance

(RTTNews) - Woodward Inc (WWD) Monday reported fourth-quarter net earnings of $51.7 million or $0.77 per share compared with $52.5 million or $0.76 per share last year.

Woodward makes is a provider of energy control and optimization solutions for the aerospace and energy markets. The company's revenues for the quarter were $565.4 million compared with $558.4 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.78 per share on revenues of $600.7 million for the quarter. Analysts' estimates typically exclude special items.

For the full year 2015, the company expects earnings of $2.65 to $2.90 per share on revenues of $2.05 billion to $2.15 billion. Analysts expect earnings of $2.68 per share on revenues of $2.18 billion.