Home / Markets / Industries / Industrials
Thursday, November 19, 2009
Woodward Governor Profits Off
By Darryl R. Isherwood
FOXBusiness
Industrial equipment maker Woodward Governor (WGOV) reported fourth quarter profits that were down 31% despite a small gain in sales.
Woodward did say it has high hopes for a recovery in many of its businesses in the second half of next year.
For the quarter ended Sept. 30, Woodward reported earnings of $23.8 million, or 34 cents per share, down from $34.4 million, or 50 cents per share, last year.
Total sales rose 4% to $364.5 million.
In the coming year, the company expects earnings of $1.40 to $1.60 on revenue of $1.4 billion to $1.5 billion.
The shares fell 7.7% Thursday to $23.70.
Fox Business Video
-
-
Don’t Sweat Party Cleanup
-
Feb 9, 2010
Start-up Challenge
-
-
-
Obama’s Stance on Offshore D...
-
Feb 9, 2010
Street Meat
-
-
-
Who Will Make the Next Run on ...
-
Feb 9, 2010
Trading Places
-
-
-
Solving the Jobless Situation
-
Feb 9, 2010
Diamond District
-
-
-
Cavuto Business Report: 02-09-10
-
Feb 9, 2010
Business Report: Cavuto
-
Last 5 Stocks
- Ticker
- Company
- Price
- Change