Moog Inc. (MOG.A)
NYSE:MOG.A
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Earnings Data
Report Date
Jul 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
2.64Last Year’s EPS
2.37Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong positive operational and financial picture: robust top-line growth (Q2 sales +13%), record backlog (+33% 12-month backlog), margin expansion (adjusted operating margin +90 bps) and healthy cash generation (nearly $100M FCF in Q2, leverage 1.8x). The company raised full-year sales and EPS guidance and completed favorable refinancing actions. Key risks discussed include increased tariff pressure (now ~110 bps FY impact), some timing-driven reduction in Commercial Aircraft sales guidance to manage inventory, $3M simplification charges, and supply-chain/geopolitical uncertainties. Overall, the positive growth, backlog strength, margin improvement and cash performance materially outweigh the manageable near-term headwinds.Company Guidance
Strong Top-Line Growth
Second quarter sales of $1.1 billion, up 13% year-over-year; noted as the company's second-highest revenue on record.
Broad-Based Segment Growth
Space & Defense sales of $314M (+16% YoY); Commercial Aircraft $247M (+15% YoY); Military Aircraft $235M (+10% YoY); Industrial $256M (+9% YoY).
Backlog Expansion
Record total backlog and 12‑month backlog up 33% versus prior year, signaling durable near-term demand.
Margin and Profitability Improvement
Adjusted operating margin of 13.4% in Q2, up 90 basis points year-over-year; Space & Defense margin 14.6% (+200 bps), Military Aircraft 13.7% (+170 bps), Industrial ~13.2% (noted modest improvement).
Record Adjusted EPS and Raised EPS Guidance
Delivered record adjusted earnings per share in the quarter and increased full-year adjusted EPS guidance by $0.40 to $10.60 (± $0.20). Third-quarter EPS guide $2.65 (± $0.10).
Strong Cash Generation and Improved Leverage
Nearly $100M of free cash flow generated in Q2; year-to-date free cash flow into solid positive territory; leverage ratio 1.8x, below the 2–3x target range.
Balance Sheet and Refinancing Actions
Amended $1.1B revolver and $250M term loan (extended to 5 years); issued $500M 5.5% senior notes to call near-term debt — staggered maturities and improved pricing.
Operational & Portfolio Actions Driving Efficiency
Inventory destocking exceeded plan; selected a 4th-party logistics coordinator to manage ~30% of suppliers; invested in a new Philippine facility and focused factories to reduce cycle time and free U.S. floor space for defense growth; licensed out general aviation avionics IP to exit that market.
Commercial Recognition & Strategic Wins
Received Embraer Supplier of the Year (2025) and General Dynamics Land Systems Supplier of the Year for Technology & Innovation (2025); Moog played key roles on Artemis II mission (launch gantry actuation, thrust vector control, light control systems).
Upgraded Full-Year Sales Guidance
Increased FY '26 sales guidance (solid double-digit year-over-year sales growth expected) and maintained adjusted operating margin guidance (~13.4%) and free cash flow conversion expectations (~60% for FY, ~100% in Q3).
MOG.A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MOG.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2026 | $305.71 | $312.61 | +2.26% |
Jan 30, 2026 | $287.46 | $304.77 | +6.02% |
Nov 21, 2025 | $197.95 | $214.10 | +8.16% |
Jul 25, 2025 | $184.99 | $181.72 | -1.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Moog Inc. (MOG.A) report earnings?
Moog Inc. (MOG.A) is schdueled to report earning on Jul 24, 2026, Before Open (Confirmed).
What is Moog Inc. (MOG.A) earnings time?
Moog Inc. (MOG.A) earnings time is at Jul 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MOG.A EPS forecast?
MOG.A EPS forecast for the fiscal quarter 2026 (Q3) is 2.64.