FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Tuesday reported third-quarter net income of $1.1 billion.
On a per-share basis, the Falls Church, Virginia-based company said it had net income of $7.67.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.49 per share.
The defense contractor posted revenue of $10.42 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $10.72 billion.
Northrop Grumman expects full-year earnings in the range of $25.65 to $26.05 per share, with revenue in the range of $41.7 billion to $41.9 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOC at https://www.zacks.com/ap/NOC
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