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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.