Woodward, Inc. Lowers High End Of Prior FY 2012 Revenue Guidance; Lowers FY 2012 EPS Guidance; Issues Q3 2012 Guidance Below Analysts' Estimates

Woodward, Inc. announced that in light of macroeconomic uncertainty and the issues identified in the third quarter of fiscal 2012, the Company has revised its outlook for fiscal 2012. Net sales are now expected to be between $1.85 to $1.90 billion and fully diluted earnings per share (EPS) are now anticipated to be between $1.90 to $2.00 per share. For the third quarter of 2012, it expects net sales to be approximately $460 million and fully diluted earnings per share to be approximately $0.40 per share. . According to I/B/E/S Estimates, analysts are expecting the Company to revenue of $1.91 billion and EPS of $2.25 for fiscal 2012; revenue of $491 million and EPS of $0.60 for third quarter of 2012.