Woodward Inc. Fourth Quarter Earnings Sneak Peek

Woodward Inc. (NASDAQ:WWD) will unveil its latest earnings on Monday, November 14, 2011. Woodward designs, manufactures, and services energy control systems and components for aircraft and industrial engines and turbines.

Woodward Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 55 cents per share, a rise of 17% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 23.3% versus last year to $1.85.

Past Earnings Performance: The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting net income of 51 cents per share, and the previous quarter, it had profit of 46 cents.

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Wall St. Revenue Expectations: On average, analysts predict $465.6 million in revenue this quarter, a rise of 13% from the year ago quarter. Analysts are forecasting total revenue of $1.69 billion for the year, a rise of 15.8% from last year’s revenue of $1.46 billion.

Analyst Ratings: Analysts are bullish on this stock with eight analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

A Look Back: In the third quarter, profit rose 13.6% to $36.1 million (51 cents a share) from $31.7 million (45 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 23% to $438.5 million from $356.4 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 33.3% in the second quarter and 0.2% in the first quarter.

Revenue has risen the past four quarters. Revenue rose 19.9% in the second quarter from the year earlier, climbed 7.6% in the first quarter from the year-ago quarter and 13% in the fourth quarter of the last fiscal year.

Competitors to Watch: Parker-Hannifin Corp. (NYSE:PH), General Electric Company (NYSE:GE), United Technologies Corp. (NYSE:UTX), Honeywell Intl. Inc. (NYSE:HON), Broadwind Energy Inc. (NASDAQ:BWEN), Ocean Power Tech., Inc. (NASDAQ:OPTT), Capstone Turbine Corp. (NASDAQ:CPST), Goodrich Corporation (NYSE:GR), Generac Holdings Inc. (NYSE:GNRC), and Hydrogen Engine Center, Inc. (HYEG).

Stock Price Performance: During September 13, 2011 to November 8, 2011, the stock price had risen $6.84 (23.6%) from $29.01 to $35.85. The stock price saw one of its best stretches over the last year between October 7, 2011 and October 14, 2011 when shares rose for six-straight days, rising 8.6% (+$2.53) over that span. It saw one of its worst periods between July 22, 2011 and August 8, 2011 when shares fell for 12-straight days, falling 30.2% (-$11.10) over that span. Shares are down $1.48 (-4%) year to date.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

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