Woodward Governor Co (WGOV) reported that its fourth-quarter net income decreased to $23.82 million or $0.34 per share from $34.43 million or $0.50 per share last year. Adjusted earnings per share was $0.34.
On average, 6 analysts polled by Thomson Reuters expected the company to report profit of $0.33 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales increased to $364.53 million from $350.54 million last year. Analysts expected revenue of $381.47 million for the quarter.
Fiscal 2009 net income decreased to $94.35 million or $1.37 per share from $121.88 million or $1.75 per share last year. Adjusted earnings per share was $1.57. Net sales increased to $1.43 billion from $1.26 billion last year.
The company expects fiscal 2010 sales to be between $1.4 billion and $1.5 billion and earnings per share to be between $1.40 and $1.60.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.