Woodward Q3 2024 GAAP EPS $1.63 Beats $1.46 Estimate
Portfolio Pulse from Benzinga Newsdesk
Woodward (NASDAQ:WWD) reported Q3 2024 GAAP EPS of $1.63, beating the analyst consensus estimate of $1.46 by 11.64%.
July 29, 2024 | 8:17 pm
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Woodward reported Q3 2024 GAAP EPS of $1.63, surpassing the analyst consensus estimate of $1.46 by 11.64%. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The earnings beat by 11.64% is a significant positive surprise, which typically leads to a short-term increase in stock price as it indicates better-than-expected company performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100