Moog Tops Q2 Street Views on EPS and Revenues

Moog a manufacturer of precision-control systems used in aircraft and other industries, Friday reported earnings and revenues above Street views. Moog reported fiscal Q2 earnings of $1.11 per share, above the Street view of $0.89 as compiled by Capital IQ, and also above the $1.00 reported a year earlier.

Revenue in the quarter ended July 1 was of $626.2 million, above the Street view of $613.0 million, and also above the $613.3 million reported a year earlier. The company meanwhile raised its FY sales guidance by $10 million $2.46 billion, and boosted forecast EPS by $0.25 to $3.75, plus or minus $0.10. The Street expects sales of $2.45 billion and EPS of $3.54.

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