Moog Inc. (MOG.A) Tops Q1 EPS by 4c

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Moog Reports First Quarter Results

January 27, 2017 8:04 AM EST

EAST AURORA, N.Y., Jan. 27, 2017 (GLOBE NEWSWIRE) -- Moog Inc. (NYSE: MOG.A) (NYSE: MOG.B) announced today financial results for the quarter ended December 31, 2016.

First Quarter Highlights

Diluted earnings per share of $0.84, up 18% from a year ago;Sales of $590 million, up 4% from a year ago;Progress in selling four small European space businesses resulting in a net $0.07 per share loss on the divestitures (including $0.18 per share tax benefit);Operating margins (excluding the $9 million pretax loss... More