Jul. 29 at 1:29 PM
$WWD beats expectations but drops pre-market — what’s going on? 🤔
EPS of
$1.76 beat the Zacks Consensus Estimate by 8.6%, and quarterly net sales grew 8% year over year, yet shares fell 2% pre-market. Strong Aerospace performance and raised guidance contrast with narrowed free cash flow due to increased working capital needs.
Full details here 👉 https://www.zacks.com/stock/news/2634022/woodwards-q3-earnings-revenues-surpass-estimates-up-yy?cid=sm-stocktwits-2-2634022-body-4413&ADID=SYND_STOCKTWITS_TWEET_2_2634022_BODY_4413