Recap: Moog Inc. Class A Common Stock Q1 Earnings

Moog Inc. Class A Common Stock MOG reported its Q1 earnings results on Friday, January 26, 2024 at 08:00 AM.

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

Moog Inc. Class A Common Stock beat estimated earnings by 4.79%, reporting an EPS of $1.53 versus an estimate of $1.46.

Revenue was up $96.90 million from the same period last year.

Last quarter the company beat on EPS by $0.39 which was followed by a 11.68% increase in the share price the next day.

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

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	1.71	1.47	1.43	1.28
EPS Actual	2.10	1.37	1.42	1.25
Revenue Estimate	806.33M	803.53M	788.00M	781.00M
Revenue Actual	872.00M	850.00M	836.79M	760.10M

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).

Moog Inc. Class A Common Stock management provided guidance for Q2 2024, expecting earnings between $1.6 and $1.8 per share.

To track all earnings releases for Moog Inc. Class A Common Stock visit their earnings calendar here.

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