04:58 PM EDT, 04/29/2024 (MT Newswires) -- Woodward (WWD) reported fiscal Q2 adjusted net earnings late Monday of $1.62 per diluted share, up from $1.01 a year earlier.

Analysts surveyed by Capital IQ expected $1.34.

Net sales in the quarter ended March 31 were $835.3 million, up from $718.2 million a year earlier. Analysts surveyed by Capital IQ expected $809 million.

The company revised its fiscal 2024 adjusted EPS guidance to a range of $5.70 to $6 from $5 to $5.40. Analysts expect $5.38.

It expects fiscal 2024 revenue of $3.25 billion to $3.35 billion, up from its previous expectation of $3.15 billion to $3.3 billion. Analysts expect $3.25 billion.

Woodward's shares climbed nearly 7% in after-hours activity.

Price: 161.49, Change: +10.42, Percent Change: +6.90