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.
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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.