Northrop Grumman: Q1 Earnings Snapshot

Northrop Grumman’s Q1 report bombs, stock tumbles

Northrop Grumman is the worst performer in the S&P 500 in early trading....

Defense major Northrop Grumman’s profit halves on B-21 losses, shares slump

By Utkarsh Shetti and Mike Stone (Reuters) -Northrop Grumman posted a 49% drop in first-quarter profit and missed sales expectations on Tuesday, as the U.S. contractor booked losses on its B-21 stealth bomber program due to higher manufacturing costs, sending its shares down 10% in premarket trading. The company, however, reaffirmed its sales forecast for the year, even amid growing concerns of uncertainty in the wake of U.S. President Donald Tr…

Northrop Grumman: Q1 Earnings Snapshot

FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Tuesday reported first-quarter net income of $481 million. The Falls Church, Virginia-based company said it had net income of $3.32 per share. Earnings, adjusted for non-recurring costs, were $6.06 per share. The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $6.21 per s…

Northrop Grumman (NYSE:NOC) Updates FY 2025 Earnings Guidance

Northrop Grumman (NYSE:NOC – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 24.950-25.350 for the period, compared to the consensus estimate of 28.050. The company issued revenue guidance of $42.0 billion-$42.5 billion, compared to the consensus revenue estimate of $42.3 billion. Northrop Grumman […]