Woodward stock leaps after outlook hike; investors eye dividend date and follow-through
Woodward shares surged 13.2% to $370.54 after the company beat quarterly expectations and raised its full-year sales and EPS guidance. Net sales reached $996 million with earnings per share at $2.17. The board approved a 14% higher quarterly dividend, payable March 5. UBS lifted its price target to $417 following the results.