Moog Inc reports results for the quarter ended in September 30 - Earnings Summary

Moog

01/11/2024 14:23

* Moog Inc  MOGa.N  reported quarterly adjusted earnings of
$2.16​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $2.10.  The mean expectation of four analysts for the quarter
was for earnings of $1.77 per share. Wall Street expected
results to range from $1.76  to $1.78 per share.
    * Revenue rose 5.2% to $917.27 million from a year ago;
analysts
expected $882.35 million. 
    * Moog Inc's reported EPS for the quarter was $1.33​.
    * The company reported quarterly net income of $43.05
million.
    * Moog Inc shares had fallen by 6.6% this quarter and
gained 30.3%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for Moog Inc is
$219.50 
This summary was machine generated from LSEG data November 1 at
02:23 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.77           2.16           Beat
 Jun. 30 2024      1.77           1.91           Beat
 Mar. 31 2024      1.70           2.19           Beat
 Dec. 31 2023      1.46           1.53           Beat