By Kelly Cloonan
Shares of Woodward rose after the company's fiscal fourth-quarter results and full-year sales outlook came in ahead of Wall Street's expectations, helped by growing demand for its aerospace offerings.
The stock rose 9.5% to $286 in after-hours trading on Monday. Through market close, shares are up 57% this year.
The company, which manufactures energy conversion and control solutions, posted a profit of $137.6 million, or $2.23 a share, compared with $83.3 million, or $1.36 a share, a year earlier.
Adjusted earnings per share were $2.09, ahead of estimates of $1.88 a share, according to analysts polled by FactSet.
Revenue climbed 16% to $995.3 million, topping analyst estimates of $939.6 million.
The increase was driven by 20% growth in its aerospace segment, helped by high aircraft utilization and robust defense activity, the company said. Revenue in its industrial business also contributed, up 11%.
For the fiscal year, Woodward expects earnings per share of $7.50 to $8 and revenue growth of 7% to 12%. Analysts forecast earnings per share of $7.93 and revenue to increase 8.3%.
The outlook assumes demand remains strong, and factors in 9% to 15% growth in its aerospace segment, the company said.
Woodward's board also authorized a new three-year $1.8 billion share buyback program.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 24, 2025 18:39 ET (23:39 GMT)
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