Moog (MOG-A) Tops Q2 EPS by 23c, Updates FY Guidance

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Moog Reports Third Quarter Results

July 28, 2017 7:55 AM EDT

EAST AURORA, N.Y., July 28, 2017 (GLOBE NEWSWIRE) -- Moog Inc. (NYSE:MOG.A) (NYSE:MOG.B) announced today financial results for the quarter ended July 1, 2017.

Third Quarter Highlights

Diluted earnings per share of $1.11, up 11% from a year ago;Sales of $626 million, up 2% from a year ago;Operating margins of 10.2%, down from a comparatively high Q3 last year and in line with expectations;Unusually low tax rate, at 17%;Strong cash flow from operating activities;Completed the sale of European space businesses.

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