The industrial economy has been generally sluggish, and Moog (NYSE: MOG-A) (NYSE: MOG-B) has been exposed to adverse trends because it sells its components to industrial customers. Coming into Friday’s fiscal fourth-quarter financial report, Moog investors were expecting minimal growth in both earnings and sales, so the company’s actual results surprised them in both directions. Let’s take a closer look at what Moog said and how its future looks.