Recap: Moog Q1 Earnings

Moog Inc. Class A Common Stock MOG reported its Q1 earnings results on Friday, January 28, 2022 at 07:55 AM.

Here's what investors need to know about the announcement.

Earnings

Moog Inc. Class A Common Stock missed estimated earnings by 5.93%, reporting an EPS of $1.11 versus an estimate of $1.18, which did not surprise analysts.

Revenue was up $40.13 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05, which was followed by a 7.19% increase in the share price the next day.

Here's a look at Moog Inc. Class A Common Stock's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Moog Inc. Class A Common Stock management provided guidance for their next quarter, expecting earnings between $5.3 and $5.7 per share for the next quarter.

This represents a 395.5% in quarter-over-quarter growth for Moog Inc. Class A Common Stock, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.