The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how aerospace stocks fared in Q4, starting with Woodward (NASDAQ:WWD).
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Redwire (NYSE:RDW) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Byrna (NASDAQ:BYRN) and the best and worst performers in the aerospace and defense industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how aerospace stocks fared in Q4, starting with Boeing (NYSE:BA).
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy,
and the industry is currently lagging as its six-month return of 6% has trailed the S&P 500’s 9.3% gain.
Aerospace and defense company Woodward (NASDAQ:WWD) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 1.8% year on year to $772.7 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $3.4 billion at the midpoint. Its non-GAAP profit of $1.35 per share was 13.9% above analysts’ consensus estimates.
Woodward currently trades at $183.61 per share and has shown little upside over the past six months, posting a middling return of 2.6%. This is close to the S&P 500’s 3.8% gain during that period.
Woodward Inc. reports record 2024 growth. With strong aerospace sales and a promising 2025 outlook, WWD stock presents opportunities for savvy investors.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Ducommun (NYSE:DCO) and the best and worst performers in the aerospace industry.
