Earnings Snapshot : Moog reports $46 million Q1 profit.
The aerospace contractor Moog posted Q1 revenue of $760.1 million
By AP News
Published - Feb 03, 2023, 08:06 AM ET
Last Updated - Jun 22, 2023, 11:24 PM EDT
NEW YORK (AP) _ Moog Inc. (MOG.A) on Friday reported fiscal first-quarter profit of $46 million.
On a per-share basis, the New York-based company said it had net income of $1.44. Earnings, adjusted for non-recurring gains, were $1.25 per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The aerospace contractor posted revenue of $760.1 million in the period.
