Moog Q1 sales +13% to $857M; adj EPS $1.53 (+22% YoY); raises FY adj EPS guidance to $6.90; dividend +4% to $0.28

MOOG INC.

2024-Q1 EPS reported $1.48 revenue$856,850,000

Net sales $857M, up 13% YoY; Commercial Aircraft sales surged 47% to $194M.
Adjusted diluted EPS $1.53 (+22% YoY); GAAP diluted EPS $1.48 (+3% YoY).
Free cash flow $23M vs $(22M) prior year; includes $25M securitization facility benefit.
FY 2024 adjusted EPS guidance raised to $6.90 (from $6.80); revenue guidance raised to $3.5B.
Quarterly dividend increased 4% to $0.28 per share, paid Feb 27 to holders of record Feb 9.

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 fiscal year 2024 results: revenue $ 3,500, EPS $ 6.90. Guidance raised.

Period: fiscal year 2024
Revenue: $ 3,500
EPS: $ 6.90
Guidance: raised
Result: guidance update

Exact text from the filing

(in millions, except per share results) FY 2024 Guidance Current Previous Net sales $ 3,500 $ 3,450 Operating margin 12.0 % 12.0 % Adjusted diluted net earnings per share $ 6.90 $ 6.80 Adjusted earnings per share figures are forecasted to be within range of +/- $0.20.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MOOG INC. reported fiscal first quarter 2024 results: revenue $ 857, EPS $ 1.48.

Period: fiscal first quarter 2024
Revenue: $ 857
EPS: $ 1.48
Result: reported results

Exact text from the filing

(in millions, except per share results) Three Months Ended Q1 2024 Q1 2023 Deltas Net sales $ 857 $ 760 13 % Operating margin 11.0 % 11.4 % -40 bps Adjusted operating margin 11.3 % 10.4 % 90 bps Diluted net earnings per share $ 1.48 $ 1.44 3 % Adjusted diluted net earnings per share $ 1.53 $ 1.25 22 %

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

MOOG INC. filing history →

Source: SEC EDGAR

accession 0000067887-24-000005

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