Moog Inc reports results for the quarter ended March 31 - Earnings Summary

• Moog Inc MOGa.N reported quarterly adjusted earnings of $1.92​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.19. The mean expectation of four analysts for the quarter was for earnings of $1.78 per share. Wall Street expected results to range from $1.69 to $1.85 per share.

• Revenue rose 0.5% to $935.00 million from a year ago; analysts expected $904.24 million.

• Moog Inc's reported EPS for the quarter was $1.75​.

• The company reported quarterly net income of $55.75 million.

• Moog Inc shares had fallen by 2.6% this quarter and lost 14.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.8% 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 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 $220.00

This summary was machine generated from LSEG data April 25 at 01:32 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)