Woodward Sees FY23 Adjusted EPS $4.05-$4.25 Vs $3.61 Est; Revenue $2.85B-$2.9B Vs $2.77B Est
Portfolio Pulse from Benzinga Newsdesk
Woodward Inc. has projected its FY23 adjusted EPS to be between $4.05 and $4.25, higher than the estimated $3.61. The company also expects its revenue to be between $2.85 billion and $2.9 billion, surpassing the estimated $2.77 billion.
July 31, 2023 | 8:33 pm
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Woodward Inc. has provided a positive earnings forecast for FY23, with both EPS and revenue expected to surpass estimates.
Woodward's positive earnings forecast for FY23, which surpasses current estimates, is likely to be viewed favorably by investors. This could lead to increased demand for the stock, potentially driving its price up in the short term.
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