Moog reports $4.74 non-GAAP EPS and $1.12B revenue, exceeding expectations amid robust defense sector growth.
Moog posted third-quarter non-GAAP earnings per share of $4.74, surpassing estimates by $2.08, as revenue rose 15.5% year-over-year to $1.12 billion. The company beat revenue expectations by $40 million, driven by higher demand in its Space and Defense segment.
Space and Defense sales climbed 17% to $336 million, fueled by increased orders for missile controls and space vehicles. Military Aircraft sales also contributed to the quarterly performance, reflecting broader defense sector strength.
The results highlight Moog’s exposure to growing defense budgets and space-related contracts, positioning the company for continued growth in high-margin segments.