Welcome to our dedicated page for MOG news (Ticker: MOG), a resource for investors and traders seeking the latest updates and insights on MOG stock.
Moog Inc. (NYSE: MOG.A and MOG.B) is a worldwide designer, manufacturer and systems integrator of high-performance precision motion and fluid controls and control systems. The news flow around Moog, as reflected in its press releases and Form 8-K filings, centers on its aerospace, defense and industrial activities, as well as its financial performance and corporate governance developments.
On this page, readers can find coverage of Moog’s quarterly and annual earnings announcements, where the company reports net sales, operating margin, adjusted operating margin, diluted and adjusted diluted earnings per share, free cash flow, and segment performance across Commercial Aircraft, Space and Defense, Military Aircraft and Industrial operations. These releases highlight drivers such as demand across the aerospace and defense portfolio, aftermarket activity, tariffs, simplification initiatives, and portfolio shaping.
Moog’s news also includes dividend declarations by its Board of Directors on Class A and Class B common stock, with details on record dates and payment dates, and commentary on the use of cash and free cash flow generation. Additional items include announcements of participation in investor conferences, earnings webcasts and virtual events, where Moog’s leadership discusses business performance, segment trends and financial guidance.
Sector-specific developments feature prominently, such as collaboration to develop actuator solutions for guided munitions systems and the evaluation of magnet technologies that support the transformation of electric input signals into precise mechanical motion for defense applications. These stories illustrate Moog’s role in aerospace, defense and industrial motion and fluid control systems.
By following Moog-related news, investors and observers can track updates on segment results, backlog levels, restructuring and simplification activities, acquisitions referenced in earnings releases, and governance topics such as changes in the independent registered public accounting firm and the adoption of employee compensation plans. This page serves as a central location for Moog’s disclosed developments and financial communications.
Moog Inc. (NYSE: MOG.A and MOG.B) has announced that CEO Pat Roche and CFO Jennifer Walter will present at Gabelli's 30th Annual Aerospace & Defense Symposium on September 5, 2024, at 8:00 a.m. ET. The presentation will be available via live streaming, accessible through registration at a provided link. Listeners can also access the conference live over the internet through Moog's investor relations website. A replay of the conference will be available and archived on the website for 30 days following the discussion. This event provides an opportunity for investors and analysts to gain insights into Moog's strategies and performance in the aerospace and defense sectors.
Moog Inc. (NYSE: MOG.A and MOG.B) has announced a quarterly dividend of $0.28 per share on its Class A and Class B common stock. The dividend will be paid on August 29, 2024, to shareholders of record as of August 16, 2024. This dividend distribution represents a total cash outlay of approximately $9 million for the company. Moog's Board of Directors retains the discretion to determine and declare future quarterly dividends, subject to their assessment and decision-making process.
Moog Inc. (NYSE: MOG.A and MOG.B) reported strong fiscal third quarter 2024 results, with diluted earnings per share of $1.74 and adjusted diluted earnings per share of $1.91, up 32% and 39% respectively. The company achieved net sales of $905 million, a 6% increase year-over-year, driven by growth in aerospace and defense businesses. Operating margin expanded to 11.6%, a 170 basis point improvement, while adjusted operating margin reached 12.3%, up 210 basis points. Moog's twelve-month backlog grew 7% to $2.5 billion. The company updated its FY 2024 guidance, projecting net sales of $3,575 million and adjusted diluted earnings per share of $7.40, reflecting an 8% sales growth and 20% EPS increase for the year.
Moog is set to announce its third quarter fiscal 2024 earnings on August 2, 2024. The earnings release will be accompanied by a conference call hosted by CEO Pat Roche and CFO Jennifer Walter at 10:00 a.m. ET. The call will be broadcast live and available for replay online at Moog's investor relations website. Supplemental materials will be accessible 90 minutes before the call and archived for 45 days.
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