Moog Raises FY2024 Sales and Adjusted EPS Guidance After Q3 Earnings Gain
Moog reported fiscal third quarter 2024 net sales of $905 million, up 6%, and diluted earnings per share of $1.74, up 32% from the prior year. The company raised its fiscal 2024 net sales guidance to $3,575 million from $3,550 million and its adjusted diluted earnings per share guidance to $7.40 from $7.25, while lowering its GAAP diluted earnings per share guidance slightly to $6.85 from $6.87. The company also declared a $0.28 per share quarterly dividend payable August 29, 2024.
Key points
- Q3 fiscal 2024 net sales of $905 million rose 6%, and diluted EPS of $1.74 rose 32% from $1.32
- Adjusted diluted EPS was $1.91, up 39% from $1.37, and adjusted operating margin rose 210 basis points to 12.3%
- FY2024 guidance: net sales raised to $3,575 million from $3,550 million; adjusted diluted EPS raised to $7.40 from $7.25; GAAP diluted EPS lowered to $6.85 from $6.87
- Quarterly dividend of $0.28 per share payable August 29, 2024 to holders of record as of August 16, 2024
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 02, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.