Woodward Governor Co.(WGOV) reported financial results for the first quarter, posting net earnings of $22.4 million or $0.32 per share, compared to $27.1 million or $0.39 per share in the prior year period.
On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.30 per share. Analysts' estimates typically exclude special items.
Net sales for the quarter were $339.3 million, down from $344.7 million in last year period. Organic net sales for the quarter were $281.1 million, down from $344.7 million in the year-ago period.
Five Wall Street analysts expected revenues of $347.14 million for the quarter.
Looking forward, for the fiscal year 2010, the company still expects net sales in the range of $1.4 billion to $1.5 billion and earnings per share in the range of $1.40 to $1.60.
Street analysts expect earnings of $1.50 per share on revenues of $1.46 billion.
For comments and feedback contact: editorial@rttnews.com
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.