NOC Stock Recent News

The headline numbers for Northrop Grumman (NOC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Northrop Grumman (NOC) came out with quarterly earnings of $6.36 per share, beating the Zacks Consensus Estimate of $5.95 per share. This compares to earnings of $5.34 per share a year ago.

U.S. defense company Northrop Grumman raised its forecast for full-year revenue and profit on Thursday, amid increased global defense spending and a strong backlog.

FALLS CHURCH, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its second quarter 2024 financial results. A copy of the earnings release has been furnished in the company's Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com.

Northrop Grumman Corporation NOC is scheduled to report second-quarter 2024 results on Jul 25, before market open.

Northrop Grumman to report Q2 earnings, with expectations of slowdown in key growth programs and pressure on margins from fixed-cost contracts. Signs of emerging growth areas internationally, with potential for increased contracts in Europe and focus on high-end threats like missiles and drones. Valuation indicates capped upside, with expectations of 4.5% CAGR in sales and 16-17% CAGR in operating income over the next three years.

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Northrop Grumman (NOC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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