NEW YORK (AP) — NEW YORK (AP) — Moog Inc. (MOG.A) on Friday reported fiscal second-quarter profit of $60 million.
On a per-share basis, the New York-based company said it had profit of $1.86. Earnings, adjusted for restructuring costs and asset impairment costs, came to $2.19 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.70 per share.
The aerospace contractor posted revenue of $930.3 million in the period.
For the current quarter ending in June, Moog expects its per-share earnings to range from $1.60 to $1.80.
The company expects full-year earnings in the range of $7.05 to $7.45 per share, with revenue expected to be $3.55 billion.
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