earnings
confidence high
sentiment positive
materiality 0.75
Moog Q3 EPS $1.74, revenue $905M (+6%); raises FY adjusted EPS guidance
MOOG INC.
2024-Q3 EPS reported
$5.08
revenue$2,691,888,000
- Q3 net sales $905M (+6% YoY); diluted EPS $1.74 (+32%), adjusted EPS $1.91 (+39%).
- Operating margin 11.6% (+170bps); adjusted operating margin 12.3% (+210bps).
- Military Aircraft sales +18% to $207M (FLRAA ramp); Space & Defense +7% to $258M; Industrial -1% to $250M.
- Free cash flow improved to -$2M from -$19M YoY; FY2024 sales guidance raised to $3.575B, adjusted EPS to $7.40.
- Board declared $0.28/share dividend payable Aug 29 to holders of record Aug 16.