Woodward, Inc. (WWD): Results of Operations and Financial Condition

Woodward Inc. (Nasdaq: WWD) reported fiscal Q3 revenue of $1.1 billion, up 21% year over year, and net earnings of $147 million, or adjusted $2.52 per share, up 35%. The company said EPS beat expectations and raised full-year earnings guidance, but its stock fell 13% to $358.28 amid a narrowed aerospace outlook.

Woodward (WWD) shares fell about 9% after the company reported Q2 2026 results that beat profit expectations. Woodward posted revenue of $1.11 billion (+21.2% YoY) and adjusted EPS of $2.52, and it slightly raised full-year guidance. Investors focused on weaker cash generation, with free cash flow margin down to 7.8% from 10.8%.

Woodward (NASDAQ: WWD) reported Q2 CY2026 revenue of $1.11 billion, up 21.2% year on year and in line with Wall Street expectations, with non-GAAP EPS of $2.52, 2.9% above analysts’ consensus. The article notes operating margin rose to 18.7% and shares fell 8.8% to $353.03 after the release.

Woodward (NASDAQ:WWD) reported a May rise in short interest: 1,384,338 shares as of May 15, up 76.3% from 785,234 on April 30. Short interest equals about 2.3% of shares, with a 2.1-day ratio. The stock was down 1.5% to $344.83. In its April 29 earnings, it posted $2.27 EPS and $1.09B revenue, and set FY2026 guidance of 9.150–9.450 EPS.

Susquehanna initiated coverage of Woodward (WWD) on May 26 with a Positive rating and a $423 price target, citing expected 12% annual revenue growth and 24% annual free-cash-flow growth through fiscal 2028, supported by aerospace backlogs, higher aircraft utilization, and electrification. Truist raised its recommendation to $415 from $404 after Woodward’s Q2 earnings beat and guidance increase.

JPMorgan cut Lululemon's (LULU) price target by 38% to $95, citing weak Q2 results and lower guidance. Revenue fell 4% to $2.4B, with North America and China sales declining. LULU stock is down 80% from highs. Boss maintained a 'Neutral' rating, noting challenges and high marketing costs.