Northrop Grumman: Q1 Earnings Snapshot

FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Thursday reported first-quarter net income of $944 million.

The Falls Church, Virginia-based company said it had profit of $6.32 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.83 per share.

The defense contractor posted revenue of $10.13 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $9.78 billion.

Northrop Grumman expects full-year earnings in the range of $24.45 to $24.85 per share, with revenue in the range of $40.8 billion to $41.2 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NOC at

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