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Market Overview

Northrop Grumman: Q4 Earnings Insights

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Shares of Northrop Grumman (NYSE:NOC) fell 0.2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 17.47% over the past year to $6.59, which beat the estimate of $5.77.

Revenue of $10,212,000,000 up by 17.10% year over year, which beat the estimate of $9,270,000,000.

Looking Ahead

Northrop Grumman said it sees FY21 EPS of $23.15-$23.65 and sales of $35.1 billion-$35.5 billion.

How To Listen To The Conference Call

Date: Jan 28, 2021

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/zi9ev4o9

Technicals

Company's 52-week high was at $385.00

52-week low: $263.31

Price action over last quarter: down 5.25%

Company Description

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: BZI-RecapsEarnings