Shares of Moog Inc. (MOG.A), a leading designer and manufacturer of precision control systems, soared over 6% on November 1, 2024, driven by the company's impressive fourth-quarter financial results and upbeat guidance for fiscal 2025.

For the quarter ended September 28, 2024, Moog reported adjusted earnings of $2.16 per diluted share, surpassing analysts' expectations of $1.77. Net sales climbed to $917.3 million, up from $872.1 million a year earlier and beating the consensus estimate of $882.4 million.

The strong performance was driven by robust growth across Moog's aerospace and defense businesses, with notable increases in Military Aircraft and Space and Defense segments. The company also highlighted the success of its pricing and simplification initiatives, which contributed to expanded margins and improved cash flow generation during the fiscal year.