Welcome to our dedicated page for MOOG CL B news (Ticker: MOG.B), a resource for investors and traders seeking the latest updates and insights on MOOG CL B stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MOOG CL B's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MOOG CL B's position in the market.
Moog Inc. (NYSE: MOG.A, MOG.B) reported its Q4 and fiscal year 2021 financial results. Q4 sales reached $724 million, a 2% increase, with GAAP EPS at $1.07, reflecting a 32% rise. For FY 2021, sales totaled $2.9 billion, down 1%, with an EPS of $4.87. Fiscal 2022 guidance anticipates $3.0 billion in sales and EPS of $5.50. The Aircraft Controls segment showed mixed results, with total revenues up for military but down for commercial sectors. The consolidated backlog grew to $2.1 billion, a 24% increase from the previous year.
Moog Inc. (NYSE: MOG.A and MOG.B) will release its fourth quarter and year-end earnings for the period ending October 2, 2021 on November 5, 2021, at 10:00 a.m. ET. The earnings release will be accompanied by a conference call hosted by CEO John Scannell and CFO Jennifer Walter, which will be streamed live online. Supplemental data will be available on the company’s website 90 minutes prior to the call and archived for 45 days. Moog designs and manufactures precision control components for various industries.
Moog Inc. (NYSE: MOG.A, MOG.B) reported third-quarter results for the period ending July 3, 2021. Sales reached $707 million, an 8% increase year-over-year, with GAAP diluted earnings per share soaring to $1.12 from a loss of ($0.39). Operating margins stood at 9.2%, and the company generated $93 million in cash flow from operations. Each segment showed varied performance, with Aircraft Controls segment sales up 9% driven by commercial sales, while military aircraft sales saw a slight decline. The company’s consolidated backlog is $2.0 billion, reflecting a 21% increase.