Market Overview

Recap: Northrop Grumman Q3 Earnings

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Shares of Northrop Grumman (NYSE:NOC) moved higher by 0.0% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 7.29% year over year to $5.89, which beat the estimate of $5.64.

Revenue of $9,083,000,000 up by 7.17% from the same period last year, which beat the estimate of $8,860,000,000.

Looking Ahead

Northrop Grumman hasn't issued any earnings guidance for the time being.

Northrop Grumman hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 22, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/kpwipxoo

Price Action

Company's 52-week high was at $385.00

52-week low: $263.31

Price action over last quarter: down 5.12%

Company Profile

Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a mix between a long-range missile manufacturer and a defense IT service provider. Finally, the company's space systems segment produces various space structures, sensors, and satellites.

 

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Posted-In: Earnings News