Moog (MOG.B) Stock

Moog (MOG.A) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $2.10 per share a year ago.

Moog (MOG.A) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Moog (MOG.A) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Moog has exceeded growth expectations, delivering better-than-expected revenue and margin improvement, driving a strong share price and outperformance relative to key competitors like Curtiss-Wright, Parker Hannifin, and Woodward. The company's core markets, including widebody commercial aircraft and military aircraft, remain strong, with significant longer-term growth opportunities in space, defense, industrial automation, and commercial aftermarket services. Moog's margin improvement initiatives, including pricing actions and manufacturing enhancements, have already yielded significant results, and I expect EBITDA margins to rise from 13% to 15% in the near future.

Moog stock reached its $191 price target before falling post-earnings and market turmoil. Q3 2024 revenues grew 6%, driven by commercial airplane and defense demand. Margins strengthened in Q3 2024, Moog increased guidance for 2024 sales and earnings, and the stock is still a good buy.

Moog (MOG.A) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.37 per share a year ago.

Moog (MOG.A) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Moog (MOG.A) makes a strong case for investment in the Aerospace sector with its robust ROE and ability to increase shareholder value through regular dividend payments.