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Moog's Fiscal Q3 Adjusted Earnings, Net Sales Rise; Fiscal 2024 Guidance Lifted
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Moog's Fiscal Q3 Adjusted Earnings, Net Sales Rise; Fiscal 2024 Guidance Lifted
Aug 2, 2024 6:33 AM

08:39 AM EDT, 08/02/2024 (MT Newswires) -- Moog (MOG.A, MOG.B) reported fiscal Q3 adjusted earnings Friday of $1.91 per diluted share, up from $1.37 a year earlier.

Three analysts polled by Capital IQ expected $1.77.

Net sales for the quarter ended June 29 were $904.7 million, up from $850.2 million a year earlier.

Two analysts surveyed by Capital IQ expected $877.9 million.

Moog said it now expects fiscal 2024 adjusted EPS of $7.40, up from its prior guidance of $7.25. Four analysts polled by Capital IQ expect $7.27.

Net sales for the year is now projected to be $3.58 billion, up from $3.55 billion previously, the company said. Three analysts surveyed by Capital IQ expect $3.54 billion.

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