Moog Inc. (NYSE:MOG.A ) Q4 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Aaron Astrachan - Director of IR Pat Roche - CEO Jennifer Walter - CFO Conference Call Participants Cai von Rumohr - TD Cowen Michael Ciarmoli - Truist Securities Jon Tanwanteng - CJS Securities Kristine Liwag - Morgan Stanley Operator Good morning, and welcome to the Moog Fourth Quarter F...
Moog has exceeded growth expectations, delivering better-than-expected revenue and margin improvement, driving a strong share price and outperformance relative to key competitors like Curtiss-Wright, Parker Hannifin, and Woodward. The company's core markets, including widebody commercial aircraft and military aircraft, remain strong, with significant longer-term growth opportunities in space, d...
Moog stock reached its $191 price target before falling post-earnings and market turmoil. Q3 2024 revenues grew 6%, driven by commercial airplane and defense demand. Margins strengthened in Q3 2024, Moog increased guidance for 2024 sales and earnings, and the stock is still a good buy.
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