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Woodward: Fiscal Q1 Earnings Snapshot

FORT COLLINS, Colo. (AP) — FORT COLLINS, Colo. (AP) — Woodward Inc. (WWD) on Monday reported fiscal first-quarter earnings of $133.7 million.

On a per-share basis, the Fort Collins, Colorado-based company said it had profit of $2.17.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.

The maker of cockpit controls and other equipment for the defense and aerospace markets posted revenue of $996.5 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $905 million.

Woodward expects full-year earnings to be $8.20 to $8.60 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WWD at https://www.zacks.com/ap/WWD

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Virginia voter guide: Ballot asks voters about Democratic effort to redraw congressional map

A referendum that would temporarily allow Democratic lawmakers to redraw Virginia’s congressional map is moving ahead as legal challenges to the redistricting effort play out in court. Early voting on the redistricting plan starts Friday, weeks ahead of the special election April 21. Voters will be asked whether the state’s constitution should be amended to authorize the General Assembly to go forward with mid-decade redistricting — a plan spearheaded by Virginia Democrats to secure more U.S. House seats. There had been questions over whether the special election would move forward amid lawsuits over the language on the ballot and the legality of the vote.
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