Moog Inc (MOG.A) Scheduled to Post Quarterly Earnings on Friday
Moog Inc (NYSE:MOG.A) will announce its Q116 earnings results on Friday, January 29th. Moog has set its FY16 guidance at ~$4.00 EPS.
Moog (NYSE:MOG.A) last posted its quarterly earnings data on Friday, November 6th. The company reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by $0.02. The firm earned $623.20 million during the quarter, compared to analyst estimates of $671.40 million. During the same quarter in the previous year, the firm earned $1.12 EPS. The business’s revenue for the quarter was down 7.2% compared to the same quarter last year.
A number of research firms have issued reports on MOG.A. Zacks Investment Research upgraded Moog from a “sell” rating to a “hold” rating in a report on Sunday, October 25th. DA Davidson restated a “neutral” rating and set a $80.00 price objective (down from $83.00) on shares of Moog in a research note on Thursday, December 3rd. RBC Capital restated a “sector perform” rating and set a $77.00 price objective (down from $79.00) on shares of Moog in a research note on Thursday, December 3rd. Finally, Credit Suisse restated a “neutral” rating and set a $67.00 price objective (down from $74.00) on shares of Moog in a research note on Thursday, December 3rd. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Moog presently has an average rating of “Hold” and an average target price of $74.67.
Moog Inc. is a designer, manufacturer and integrator of precision motion control products and systems for a range of applications in aerospace and defense, and industrial markets. The Company’s systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, industrial machinery, wind energy, marine applications and medical equipment. It operates through five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. The Aircraft Controls segment provides equipment and services for aircraft. The Space and Defense Controls segment offers motion and flow control solutions, and systems for spacecraft. The Industrial Systems segment provides motion control solutions for industrial uses. The Components and Medical Devices segment provides electronic ambulatory infusion devices.

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