Moog Q3 record sales $850M (+10% YoY), EPS $1.32, raises FY2023 guidance

MOOG INC.

2023-Q3 EPS reported $4.11 revenue$2,447,071,000

Net sales $850M (+10% YoY); diluted EPS $1.32 vs $1.57 (-16%); adjusted EPS $1.37 vs $1.61 (-15%).
Adjusted operating margin 10.2% (down 30bps); $14M charges on space vehicle development programs.
Aircraft Controls sales +12% (commercial OEM +47%); Space & Defense +8%; Industrial Systems +9%.
FY2023 guidance raised: sales $3.25B, adj. EPS $5.75, but free cash flow revised to -$60M from $0.
Quarterly dividend $0.27 per share; pay date Aug 28, record Aug 11.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MOOG INC. reported third quarter 2023 results: revenue $850 million, EPS $1.32.

Period: third quarter 2023
Revenue: $850 million
EPS: $1.32
Result: reported results

Exact text from the filing

financial results to reported results included in the financial statements herein for the quarters ended July 1, 2023 and July 2, 2022. Quarter Highlights ▪ Net sales were $850 million, an increase of 10% compared to the third quarter from a year ago, with increases across all three reporting segments. Excluding divestitures, sales increased 11%. ▪ Adjusted

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MOOG INC. reported fiscal year 2023 results: revenue $3,250, EPS $5.82. Guidance raised.

Period: fiscal year 2023
Revenue: $3,250
EPS: $5.82
Guidance: raised
Result: guidance update

Exact text from the filing

is now a use of $60 million, reflecting the third quarter growth in physical inventories. (in millions, except per share results) FY 2023 Guidance Current Previous Net sales $ 3,250 $ 3,190 Operating margin 11.0 % 11.1 % Adjusted operating margin 10.9 % 11.0 % Diluted net earnings per share $ 5.82 $ 5.81 Adjusted diluted net earnings per share $ 5.75 $ 5.70

View on SEC.gov

36 earnings releases filed in the last 30 days. Browse all earnings releases →

MOOG INC. filing history →

Source: SEC EDGAR

accession 0000067887-23-000076

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.