FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Tuesday reported first-quarter net income of $875 million.
The Falls Church, Virginia-based company said it had profit of $6.14 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.08 per share.
The defense contractor posted revenue of $9.88 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $9.78 billion.
Northrop Grumman expects full-year earnings in the range of $27.40 to $27.90 per share, with revenue in the range of $43.5 billion to $44 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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