Moog Faces Q2 Test After Record Quarter and Raised Outlook
Wall Street focuses on margins, backlog quality, guidance clarity.
Overview
- Moog, which reports Q2 results Friday, is expected to post earnings of $2.36 per share on $1.03 billion in revenue.
- After a record Q1 with $1.10 billion in sales, the company lifted its full‑year revenue target to $4.3 billion and raised adjusted EPS guidance to $10.20.
- First‑quarter bookings reached $2.3 billion, building a record $3.3 billion backlog that signals future sales because aerospace contracts often span many quarters.
- Investors will watch profitability closely since management kept the full‑year adjusted operating margin target at 13.4%.
- Strategic updates on Moog’s Artemis II hardware work and the $63 million COTSWORKS acquisition are in focus as potential drivers of new space and defense revenue.