Woodward Q1 2025 Earnings Report
Key Takeaways
Woodward reported first quarter results in line with expectations, driven by strong Aerospace segment performance and offset by a decline in Industrial sales related to China on-highway natural gas trucks. The company reaffirmed its 2025 guidance, with a narrowed adjusted earnings per share range of $5.85-6.25.
First quarter results were in line with expectations.
Aerospace segment performed well with growth in sales and margin.
High aircraft utilization continued to drive both commercial and defense aftermarket demand.
Adjusted earnings per share range narrowed to $5.85-6.25 due to a favorable tax rate in the first quarter.
Woodward
Woodward
Forward Guidance
Woodward reaffirms its 2025 guidance with the exception of adjusted effective tax rate and adjusted earnings per share. Based on the favorable tax rate in the first quarter, the adjusted effective tax rate is now expected to be approximately 19 percent. As a result, the Company narrowed its adjusted earnings per share range to $5.85-6.25.