MOOG INC. (MOGA/MOGB) revealed earnings for its third quarter that Increases, from last year
The company's earnings came in at $59.707 million, or $1.87 per share. This compares with $56.360 million, or $1.74 per share, last year.
Excluding items, MOOG INC. reported adjusted earnings of $75.513 million or $2.37 per share for the period.
The company's revenue for the period rose 7.3% to $971 million from $905 million last year.
MOOG INC. earnings at a glance (GAAP) :
-Earnings: $59.707 Mln. vs. $56.360 Mln. last year.-EPS: $1.87 vs. $1.74 last year.-Revenue: $971 Mln vs. $905 Mln last year.
Net sales increased in the quarter to a record level, led by strength in commercial aircraft, space and defense, and military aircraft.
Looking ahead, the company has revised its annual outlook. The firm now expects net income per share of $7.44 against the earlier outlook of $7.89 per share.
Excluding items, earnings are now projected to be $8.25 per share, higher than the prior guidance of $8.20 per share.
Moog now anticipates sales of $3.8 billion against the previous expectation of $3.7 billion.
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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.