Moog Aerospace Reports Record Profits, Bullish Outlook

Moog Incorporated, a New York-based aerospace company, reported robust financial results for its fiscal fourth quarter, exceeding Wall Streets expectations with a profit of $64.4 million, or $2.01 per share, and revenue of $1.05 billion. For the full fiscal year, Moog posted a profit of $235 million, or $7.33 per share, and revenue of $3.86 billion. Looking ahead, Moog anticipates full-year earnings of $10 per share and revenue of $4.2 billion, indicating continued growth and strong financial health.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.