Northrop Grumman: Q2 Earnings Insights

Northrop Grumman: Q2 Earnings Insights

 

Northrop Grumman NOC reported its Q2 earnings results on Thursday, July 28, 2022 at 06:40 AM.

Here's what investors need to know about the announcement.

Earnings

Northrop Grumman missed estimated earnings by 0.66%, reporting an EPS of $6.06 versus an estimate of $6.1.

Revenue was down $350.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 1.3% drop in the share price the next day.

Here's a look at Northrop Grumman's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 5.96 5.99 5.99 5.83
EPS Actual 6.10 6 6.63 6.42
Revenue Estimate 8.88B 8.99B 8.94B 8.77B
Revenue Actual 8.80B 8.64B 8.72B 9.15B

To track all earnings releases for Northrop Grumman visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews