Woodward shares are trading lower after the company reported mixed Q3 financial results and lowered its FY24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Woodward shares are trading lower after the company reported mixed Q3 financial results and lowered its FY24 revenue guidance below estimates.
July 29, 2024 | 9:10 pm
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NEGATIVE IMPACT
Woodward shares are trading lower due to mixed Q3 financial results and a reduction in FY24 revenue guidance below estimates.
The mixed Q3 financial results and the lowered FY24 revenue guidance below estimates are likely to negatively impact investor sentiment and lead to a short-term decline in Woodward's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100