Woodward Q3 Sales $847.688M Miss $853.523M Estimate
Portfolio Pulse from Benzinga Newsdesk
Woodward (NASDAQ:WWD) reported Q3 sales of $847.688 million, missing the analyst consensus estimate of $853.523 million by 0.68%. This represents a 5.87% increase over the same period last year.
July 29, 2024 | 8:02 pm
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NEUTRAL IMPACT
Woodward reported Q3 sales of $847.688 million, missing the analyst consensus estimate by 0.68%. Despite the miss, sales increased by 5.87% year-over-year.
The slight miss in sales estimates by 0.68% may cause a neutral to slightly negative short-term impact on the stock price. However, the year-over-year sales increase of 5.87% could mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100