UPDATE: Moog Inc. (MOG-A) Misses Q1 EPS by 11c

(Updated - January 29, 2016 7:59 AM EST)

Moog Inc. (NYSE: MOG-A) reported Q1 EPS of $0.71, $0.11 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $568 million versus the consensus estimate of $609.66 million.

Guidance:

Projections for fiscal 2016 were also updated based on a weakening outlook for the industrial and energy businesses. The company is reducing its sales forecast for the year by $100 million which will result in sales of $2.47 billion, net earnings of $124 million and earnings per share of $3.35, plus or minus $0.15 per share.

*** The Street sees FY16 EPS of $4.05 and revenue of $2.56 billion.

For earnings history and earnings-related data on Moog Inc. (MOG-A) click here.

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