Moog Q3 sales beat on growth across segments, lifts FY outlook

Moog

31/07/2026 13:05

Overview
US motion control maker's fiscal Q3 sales rose 15%, beating analyst expectations
Adjusted diluted EPS for fiscal Q3 rose 60%, beating analyst expectations
Company raised full-year guidance for sales, adjusted operating margin and adjusted EPS

Outlook
Moog raises FY 2026 net sales guidance to $4.4 bln from $4.3 bln
Company now sees FY 2026 adjusted operating margin at 14.1%, up from 13.4%
Moog expects FY 2026 adjusted diluted EPS of $11.65, previously $10.60

Result Drivers
SEGMENT GROWTH - Co said record sales reflected significant growth across all four segments, with Space and Defense, Commercial Aircraft, and Industrial divisions each posting double-digit percentage increases
TARIFF REFUND CLAIMS - Operating and adjusted margins benefited from $30 mln in claims related to previously incurred IEEPA tariffs
AFTERMARKET AND PROGRAM DEMAND - Military Aircraft and Commercial Aircraft sales were driven by strong aftermarket activity and continued program demand, including the MV-75 program

Company press release: ID:nBwbqLHM1a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$1.12 bln
$1.08 bln (4 Analysts)
Q3 Adjusted EPS
Beat
$3.72
$2.66 (5 Analysts)
Q3 EPS
 
$4.74
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Moog Inc is $377.50, about 10% below its July 30 closing price of $419.25
The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 27 three months ago

Reuters Recommended Reads
July 29 - Woodward Q3 adjusted EPS beats estimates, raises FY profit view
July 29 - Industrial products maker Fortive lifts profit view on strong automation business
July 29 - Sonos Q3 profit jumps 52% on IEEPA tariff refunds

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)