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Moog Q2 Earnings Beat Street Forecasts, Revenues Fall Short; Guidance Misses Views


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Moog ( MOG.A ), a manufacturer of motion and fluid controls and control systems, reported Q2 diluted earnings per share of $1, up from $0.94 in Q2 of 2015, and ahead of the Capital IQ consensus forecast of $0.90.

Net sales for the quarter came in at $613.3 million, down from $634.5 million in the same period the previous year, and short of the analyst forecast of $639.3 million.

The company said it expects sales of $2.42 billion, and earnings per share of $3.35 for for full-year 2016. Analysts are expecting $2.46 billion in sales and EPS of $3.43.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , ETFs
Referenced Symbols: MOG.A


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