Woodward jumps over 15% to $114 after Q2 earnings beat, guidance raise

Shares of Woodward are up 15.6% or $15.36 at $114.00 per share after the company beat on Q2 earnings and revenue while raising its FY23 outlook to $3.50-$3.75 in EPS and $2.7B-$2.8B in revenue. The company’s prior guidance was for EPS at $3.15-$3.60 and revenue at $2.6B-$2.75B.