Moog Inc. (MOG.A) stock surged 5.31% in pre-market trading on Friday following the release of its fiscal third-quarter 2026 financial results, which significantly exceeded expectations and prompted the company to raise its full-year outlook.
The company reported record net sales of $1.1 billion, a 15% increase year-over-year, driven by growth across all four operating segments. Adjusted diluted earnings per share came in at $3.72, crushing the prior-year quarter's $2.33 by 60%. The strong performance was fueled by robust demand in defense and commercial aerospace, as well as a surge in its Industrial segment, which benefited from growing data center cooling pump sales and tariff refund claims. Additionally, adjusted operating margin expanded by 280 basis points to 16.4%, reflecting improved business performance and the impact of the tariff refunds.
Looking ahead, management raised its fiscal 2026 guidance, now forecasting adjusted diluted earnings per share of $11.65, up from a prior view of $10.60, and increasing its adjusted operating margin forecast to 14.1%. The company also reported a 23% increase in its twelve-month backlog to $3.3 billion, signaling continued strong demand ahead.