Moog Inc. (MOG-A) revealed a profit for second quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $55.75 million, or $1.75 per share. This compares with $60.00 million, or $1.86 per share, last year.
Excluding items, Moog Inc. reported adjusted earnings of $61.30 million or $1.92 per share for the period.
Analysts on average had expected the company to earn $1.77 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.5% to $934.84 million from $930.30 million last year.
Moog Inc. earnings at a glance (GAAP) :
-Earnings: $55.75 Mln. vs. $60.00 Mln. last year.
-EPS: $1.75 vs. $1.86 last year.
-Revenue: $934.84 Mln vs. $930.30 Mln last year.
-Guidance:
Full year EPS guidance: $8.20
Full year revenue guidance: $3.7 Bln
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