earnings
confidence high
sentiment neutral
materiality 0.75
Moog Q1 sales $724M (+6% YoY), adjusted EPS $1.11; raises dividend 4% to $0.26
MOOG INC.
2022-Q1 EPS reported
$1.44
revenue$724,086,000
- GAAP diluted EPS $1.44; adjusted EPS $1.11 (in line with guidance); includes $0.33 net gain from NAVAIDS divestiture.
- Sales $724M (+6% YoY); Aircraft Controls $303M (+6%), Space & Defense $208M (+10%), Industrial Systems $213M (+2%).
- Backlog $2.2B (+14% YoY); FY2022 guidance: GAAP EPS $5.83, adjusted EPS $5.50 both +/- $0.20.
- GAAP cash from ops $157M (adjusted $68M); quarterly dividend raised 4% to $0.26/share, payable Feb 28.