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Jul 03, 2021
Moog Q3 2021 Earnings Report
Moog's financial performance was solid, with strong cash flow and earnings per share aligned with projections.
Key Takeaways
Moog Inc. reported an 8% increase in sales to $707 million compared to the previous year. GAAP diluted earnings per share rose to $1.12, up from ($0.39) a year ago, and operating margins reached 9.2%. The company generated $93 million in cash flow from operating activities.
Sales increased by 8% year-over-year, reaching $707 million.
GAAP diluted earnings per share improved to $1.12, compared to ($0.39) from the previous year.
Operating margins were 9.2%.
Cash flow from operating activities was $93 million.
Moog
Moog
Forward Guidance
The company is tweaking its sales outlook slightly and keeping its earnings per share forecast unchanged at $5.00, plus or minus $0.15 for the full fiscal year 2021.