Moog Inc. (MOG-A) Misses Q1 EPS by 7c, Revenue Beats, Offers Outlook

Moog Inc. (NYSE: MOG-A) reported Q1 EPS of $1.11, $0.07 worse than the analyst estimate of $1.18. Revenue for the quarter came in at $724 million versus the consensus estimate of $710.58 million.

Fiscal 2022 Outlook:

The Company updated its fiscal 2022 projections and adjusted figures provided 90 days ago.

• Forecasted sales of $3.0 billion;
• Forecasted GAAP diluted earnings per share of $5.83, and adjusted diluted earnings per share of $5.50, both plus or minus $0.20;
• Forecasted GAAP operating margins of 10.8% and adjusted operating margins of 10.3%;
• Forecasted cash flow from operating activities of $338 million and adjusted cash flow from operating activities of $238 million; and
• Forecasted GAAP effective tax rate of 25.5% and adjusted effective tax rate of 25.4%.

(Consensus sees FY EPS of $5.43 on revenue of $3.04 billion)

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

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