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

• Moog Inc MOG.A reported quarterly adjusted earnings of $2.19​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $1.42. The mean expectation of three analysts for the quarter was for earnings of $1.70 per share. Wall Street expected results to range from $1.69 to $1.71 per share.

• Revenue rose 11.2% to $930.30 million from a year ago; analysts expected $873.58 million.

• Moog Inc's reported EPS for the quarter was $1.86​.

• The company reported quarterly net income of $60 million.

• Moog Inc shares had fallen by 1.6% this quarter and gained 8.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 $152.50

This summary was machine generated from LSEG data April 27 at 09:10 a.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)