EAST AURORA, N.Y. (AP) — EAST AURORA, N.Y. (AP) — Moog Inc. (MOG.A) on Friday reported fiscal first-quarter earnings of $78.9 million.
The East Aurora, New York-based company said it had net income of $2.46 per share. Earnings, adjusted for one-time gains and costs, came to $2.63 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.24 per share.
The aerospace contractor posted revenue of $1.1 billion in the period.
Moog expects full-year earnings to be $10.20 per share, with revenue expected to be $4.3 billion.
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