Moog backs FY23 adjusted EPS view $5.70, consensus $5.71

Backs FY23 revenue $3.18B, consensus $3.16B. Sees FY23 adjusted operating margin 11%. Sees FY23 free cash flow $100M. "It was a great start to the year from an operational perspective. We achieved our adjusted earnings per share guidance of $1.25 despite the negative impact from the storms in Western New York," said Jennifer Walter, CFO. "We are reiterating our fiscal year 2023 guidance for sales, adjusted operating margin and adjusted earnings per share. Our backlog is strong, and our performance is on track to achieve these results."