NEW YORK (TheStreet) -- Woodward (WWD) shares are flat in after-hours trading on Monday after the energy controls and optimization solutions provider reported its fourth quarter earnings results after the closing bell today.
The company reported earnings of 77 cents per diluted share, one cent better than the 76 cents it reported during the same period last year, but 1 cent lower than analysts were expecting for this year's quarter.
The company reported revenue of $565.4 million, ahead of the $558.4 million it reported last year but also short of analysts $601.3 million expectations for the period.
TheStreet Ratings team rates WOODWARD INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate WOODWARD INC (WWD) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins."
Highlights from the analysis by TheStreet Ratings Team goes as follows: