Moog Inc. (MOG-A) revealed a profit for second quarter that decreased from the same period last year
The company's earnings came in at $55.76 million, or $1.75 per share. This compares with $60 million, or $1.86 per share, last year.
Excluding items, Moog Inc. reported adjusted earnings of $61.296 million or $1.92 per share for the period.
The company's revenue for the period rose 0.5% to $935 million from $930 million last year.
Moog Inc. earnings at a glance (GAAP) :
-Earnings: $55.76 Mln. vs. $60 Mln. last year.-EPS: $1.75 vs. $1.86 last year.-Revenue: $935 Mln vs. $930 Mln last year.
Looking ahead, for the full year, the company has reaffirmed its outlook for adjusted earnings and sales. However, Moog has revised down its annual net earnings guidance.
The company still expects annual adjusted income per share of $8.20, with sales of $3.7 billion.
Moog now anticipates full-year net earnings of $7.89 per share against the prior outlook of $8.06 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.