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Moog: Fiscal Q4 Earnings Snapshot

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NEW YORK (AP) — NEW YORK (AP) — Moog Inc. (MOG.A) on Friday reported fiscal fourth-quarter profit of $43 million.

The New York-based company said it had net income of $1.33 per share. Earnings, adjusted for non-recurring costs and asset impairment costs, came to $2.16 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The aerospace contractor posted revenue of $917.3 million in the period.

For the year, the company reported profit of $207.2 million, or $6.40 per share. Revenue was reported as $3.61 billion.

Moog expects full-year earnings in the range of $8 to $8.40 per share, with revenue expected to be $3.7 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOG.A at https://www.zacks.com/ap/MOG.A

 

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