secwatch.observer — SEC 8-K summary
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Issuer:     Woodward, Inc. (WWD)
CIK:        0000108312
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001171843-24-002324
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Woodward Q2 net sales $835M (+16% YoY), EPS $1.56, adj. EPS $1.62; raises FY guidance
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- Net sales $835M (+16% YoY); net earnings $98M ($1.56 EPS) vs $36M ($0.58); adjusted EPS $1.62 vs $1.01.
- Aerospace sales up 14% to $498M, segment earnings margin 19.8%; Industrial sales up 20% to $338M, margin 19.3%.
- Full-year guidance raised: sales $3.25-$3.35B, adj. EPS $5.70-$6.00, adj. FCF $325-$375M.
- H1 operating cash flow $144M (vs $40M), free cash flow $88M (vs -$4M); debt-to-EBITDA 1.2x (vs 2.2x).
- CEO cites operational excellence, strong China on-highway and power generation demand driving growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108312/000117184324002324/0001171843-24-002324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108312/000117184324002324/f8k_042924.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer