Moog Q2 sales rise more than expected; co raises full-year EPS outlook

Moog

24/04/2026 13:03

Overview

US precision controls maker's fiscal Q2 sales rose 13%, beating analyst expectations

Adjusted EPS for fiscal Q2 beat consensus, up 40% year-over-year

Company raised full-year adjusted EPS guidance, citing strong demand and margin gains

Outlook

Moog raises FY 2026 adjusted diluted EPS guidance to $10.60, from $10.20 previously

Company maintains FY 2026 net sales forecast at $4.3 bln and adjusted operating margin at 13.4%

Moog expects stronger business performance in second half of 2026

Result Drivers

SEGMENT GROWTH - Co said sales increased across all four segments, with Space and Defense up 16% on broad-based defense demand and Commercial Aircraft up 15% on higher volume and pricing

MARGIN IMPROVEMENT - Higher operating margin attributed to profitable sales growth, pricing and operational performance, partially offset by tariff pressure

CASH FLOW GAINS - Free cash flow rose sharply, driven by strong earnings and working capital management

Company press release: ID:nBwdgmwma

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.05 bln
$1.03 bln (3 Analysts)
Q2 Adjusted EPS
Beat
$2.64
$2.36 (3 Analysts)
Q2 EPS
$2.55


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 $339.50, about 10.9% above its April 23 closing price of $306.00

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 24 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)