NasdaqGS:WWDAerospace & Defense
Woodward (WWD) Stock Price Drops Despite Strong Growth and Higher EPS
Woodward walked into this earnings day with a stock already under pressure, down over the past month, and then saw another sharp hit as the price dropped about 8% to roughly US$356. The market reaction looks harsh for a quarter that delivered what many investors in aerospace and defense care about most. Revenue reached about US$1.1b and adjusted earnings per share moved above US$2.50, both supported by solid margin performance.
Is this sharp 8% drop a rare chance to own Woodward at a...