Recap: Moog Inc. Class A Common Stock Q1 Earnings
Moog Inc. Class A Common Stock (NYSE:MOG) reported its Q1 earnings results on Friday, January 26, 2024 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Moog Inc. Class A Common Stock beat estimated earnings by 4.79%, reporting an EPS of $1.53 versus an estimate of $1.46.
Revenue was up $96.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.39 which was followed by a 11.68% increase in the share price the next day.
Here's a look at Moog Inc. Class A Common Stock's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.71 | 1.47 | 1.43 | 1.28 |
| EPS Actual | 2.10 | 1.37 | 1.42 | 1.25 |
| Revenue Estimate | 806.33M | 803.53M | 788.00M | 781.00M |
| Revenue Actual | 872.00M | 850.00M | 836.79M | 760.10M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Moog Inc. Class A Common Stock management provided guidance for Q2 2024, expecting earnings between $1.6 and $1.8 per share.
To track all earnings releases for Moog Inc. Class A Common Stock visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.