Woodward reports Q2 EPS $1.01, consensus 72c

Reports Q2 revenue $718M, consensus $649.53M. "We delivered strong sales growth in the second quarter driven by robust demand for our products and services across aerospace and industrial markets. We also increased output enabled in part by strategic investments made to mitigate supply chain risk, reduce complexity, and increase efficiency," said Chip Blankenship, CEO. "We are pleased with our progress and remain focused on delivering further operational improvements to drive value for our shareholders. Given our second quarter results and a lower expected tax rate, we are raising some aspects of our previous guidance."