Moog reports Q1 adjusted EPS $1.53, consensus $1.46

Reports Q1 revenue $856.85M, consensus $820.04M. Twelve-month backlog increased 6% to $2.5B due to growth across our aerospace and defense businesses. “We had a great start to fiscal 2024, setting us up nicely to deliver margin enhancement in line with our investor day plan,” said Pat Roche, CEO. “Our highly engaged employees are delivering for our customers and are driving margin improvements across the business.”