NASDAQ$WWD
Woodward Inc. · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported financial results for the third quarter of fiscal year 2020.
Woodward reported net sales of $524 million and net earnings of $38 million, or $0.61 per share, for the third quarter of fiscal 2020. The company's results were impacted by the COVID-19 pandemic, which led to lower commercial sales in the Aerospace segment and weakness in the Industrial segment.
- Operations and cost structure were aligned to mitigate the adverse effects of the COVID-19 pandemic.
- Aerospace benefited from a strong defense market, softening the impact of reduced passenger traffic and aircraft production.
- The divestiture of the renewables portfolio enhanced the profitability of the Industrial segment.
- The company continues to monitor markets, customers, and suppliers, maintaining flexibility to meet customer demand.
Headline financials
Revenue & EPS history
Woodward · Revenue · Quarterly
$524M
Revenue by segment
Woodward · $777M total across 2 segments · Q4 2023
- Aerospace$455M—58.6%
- Industrial$322M—41.4%
Forward guidance
The company anticipates its fourth quarter financial results to be similar to its third quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+1.3%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+3.1%
Avg return
30 days after
58%
40 / 69 earnings
Positive
+18.5%
Q2 2023
Best reaction
-17.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -0.7% | +1.3% | -3.1% | |
| Q1 2026 | +14.3% | +18.7% | +18.1% | |
| Q4 2025 | +12.5% | +14.9% | +20.2% | |
| Q3 2025 | -0.0% | +0.4% | -2.9% | |
| Q2 2025 | +1.9% | +6.9% | +20.1% | |
| Q1 2025 | -1.8% | +3.9% | -5.6% | |
| Q4 2024 | +6.4% | +2.4% | -3.0% | |
| Q3 2024 | -17.1% | -16.8% | -10.0% | |
| Q2 2024 | +7.8% | +12.1% | +21.4% | |
| Q1 2024 | +1.6% | -2.2% | +0.9% | |
| Q4 2023 | -2.9% | -2.4% | +0.8% | |
| Q3 2023 | +10.6% | +5.5% | +8.0% | |
| Q2 2023 | +18.5% | +13.4% | +9.8% | |
| Q1 2023 | -7.6% | -6.2% | -9.6% | |
| Q4 2022 | -0.4% | +1.2% | -6.6% | |
| Q3 2022 | -10.9% | -9.0% | -11.1% | |
| Q2 2022 | -7.7% | -5.6% | -8.2% | |
| Q1 2022 | +0.6% | +1.3% | +14.0% | |
| Q4 2021 | -1.3% | +0.4% | -8.5% | |
| Q3 2021 | -7.0% | -6.5% | +0.4% | |
| Q2 2021 | +1.6% | +3.9% | +1.4% | |
| Q1 2021 | +5.5% | +4.2% | +4.0% | |
| Q4 2020 | +1.0% | +6.7% | +10.6% | |
| Q3 2020 | +4.8% | +12.0% | +10.1% | |
| Q2 2020 | -6.4% | +5.7% | +30.7% | |
| Q1 2020 | -0.3% | +2.2% | -5.2% | |
| Q4 2019 | +0.8% | -2.4% | +3.0% | |
| Q3 2019 | -4.3% | -1.5% | -2.9% | |
| Q2 2019 | +6.0% | +9.4% | +5.9% | |
| Q1 2019 | +11.6% | +14.6% | +24.1% | |
| Q4 2018 | +7.6% | +3.4% | -3.7% | |
| Q3 2018 | +0.7% | -5.3% | -1.8% | |
| Q2 2018 | -1.1% | -2.5% | +0.3% | |
| Q1 2018 | -6.9% | -5.7% | -8.4% | |
| Q4 2017 | +4.9% | +1.7% | -3.9% | |
| Q3 2017 | +5.5% | +2.5% | -1.9% | |
| Q2 2017 | -2.2% | -1.2% | -2.8% | |
| Q1 2017 | +2.6% | +3.6% | +5.0% | |
| Q4 2016 | +7.0% | +5.9% | +9.0% | |
| Q3 2016 | -2.8% | -2.7% | +4.2% | |
| Q2 2016 | +4.8% | — | — | |
| Q1 2016 | -3.2% | — | — | |
| Q4 2015 | +0.7% | — | — | |
| Q3 2015 | -8.4% | — | — | |
| Q2 2015 | +0.7% | — | — | |
| Q1 2015 | +6.5% | — | — | |
| Q4 2014 | -5.6% | — | — | |
| Q3 2014 | +9.4% | — | — | |
| Q2 2014 | +7.3% | — | — | |
| Q1 2014 | -3.0% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | -0.9% | — | — | |
| Q2 2013 | +2.7% | — | — | |
| Q1 2013 | -4.6% | — | — | |
| Q4 2012 | +8.3% | — | — | |
| Q3 2012 | -3.1% | — | — | |
| Q2 2012 | +4.0% | — | — | |
| Q1 2012 | +2.6% | — | — | |
| Q4 2011 | -5.4% | — | — | |
| Q3 2011 | -5.1% | — | — | |
| Q2 2011 | -0.9% | — | — | |
| Q1 2010 | -1.2% | — | — | |
| Q1 2011 | +2.6% | — | — | |
| Q4 2008 | +5.4% | — | — | |
| Q2 2010 | +5.4% | — | — | |
| Q4 2010 | +5.4% | — | — | |
| Q3 2010 | +4.2% | — | — | |
| Q4 2009 | +4.2% | — | — | |
| Q3 2009 | +4.2% | — | — |
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