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Moog: Fiscal Q2 Earnings Snapshot

EAST AURORA, N.Y. (AP) — EAST AURORA, N.Y. (AP) — Moog Inc. (MOG.A) on Friday reported fiscal second-quarter net income of $81.8 million.

On a per-share basis, the East Aurora, New York-based company said it had profit of $2.55. Earnings, adjusted for one-time gains and costs, were $2.64 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share.

The aerospace contractor posted revenue of $1.05 billion in the period.

Moog expects full-year earnings to be $10.60 per share, with revenue expected to be $4.3 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOG.A at https://www.zacks.com/ap/MOG.A

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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