Woodward Raises FY2026 Adj EPS Guidance from $8.20-$8.60 to $9.15-$9.45 vs $8.76 Est; Raises FY2026 Sales Guidance from $4.066B-$4.209B to $4.280B-$4.387B vs $4.151B Est
Benzinga Newsdesk 6 months ago
NewsGuidance
Fiscal Year 2026 GuidanceBased on strong second quarter performance and improved confidence in the second half outlook, Woodward is raising its 2026 sales and earnings guidance. Prior FY26 GuidanceRevised FY26
Fiscal Year 2026 Guidance
Based on strong second quarter performance and improved confidence in the second half outlook, Woodward is raising its 2026 sales and earnings guidance.
| Prior FY26 Guidance | Revised FY26 Guidance | |
| Issued on February 2, 2026 | Issued on April 29, 2026 | |
| Total Company | ||
| Sales growth | up 14% to 18% | up 20% to 23% |
| Adjusted EPS3 | $8.20 - $8.60 | $9.15 - $9.45 |
| Free cash flow3 | $300 - $350 million | No change |
| Capital expenditures | ~$290 million | No change |
| Shares | ~61 million | ~61.5 million |
| Adjusted effective tax rate3 | ~22% | No change |
| Segment Data | ||
| Aerospace | ||
| Sales Growth | up 15% to 20% | up 21% to 24% |
| Segment Earnings (% of Sales) | 22% to 23% | 23% to 23.5% |
| Industrial | ||
| Sales Growth | up 11% to 14% | up 18% to 20% |
| Segment Earnings (% of Sales) | 16% to 17% | 18% to 18.5% |