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Falls Church, VA-based aerospace and defense operator, Northrop Grumman Corporation (NOC - Free Report) supplies a broad array of products and services to the U.S. Department of Defense, including electronic systems, information technology, aircraft, space technology and systems integration services.
Estimate Trend & Surprise History
Investors should note that Zacks Consensus Estimate for the second quarter earnings of $3.83 per share has increased by 4.08% over the last 60 days.
Northrop Grumman has surpassed the Zacks Consensus Estimate in all of the last four quarters, resulting in a positive average surprise of 13.87%.
Northrop Grumman Corporation Price and EPS Surprise
We have highlighted some of the key details from the just-released announcement below:
Earnings: Northrop Grumman surpassed earnings estimates. Earnings per share came in at $3.93 compared to the Zacks Consensus Estimate of $3.83.
Revenue: Revenues of $7.1 billion also exceeded the Zacks Consensus Estimate of $7 billion.
Key Stats: Aerospace Systems segment witnessed 11% sales growth whereas its Mission Systems segment witnessed 1% growth.
Stock Price: It would be interesting to see how the market reacts to the results during the trading session today.
Check back later for our full write up on this NOC earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
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Northrop Grumman (NOC) Tops Q2 Earnings & Revenue Estimates
Falls Church, VA-based aerospace and defense operator, Northrop Grumman Corporation (NOC - Free Report) supplies a broad array of products and services to the U.S. Department of Defense, including electronic systems, information technology, aircraft, space technology and systems integration services.
Estimate Trend & Surprise History
Investors should note that Zacks Consensus Estimate for the second quarter earnings of $3.83 per share has increased by 4.08% over the last 60 days.
Northrop Grumman has surpassed the Zacks Consensus Estimate in all of the last four quarters, resulting in a positive average surprise of 13.87%.
Northrop Grumman Corporation Price and EPS Surprise
Northrop Grumman Corporation Price and EPS Surprise | Northrop Grumman Corporation Quote
Zacks Rank: Currently, Northrop Grumman sports a Zacks Rank# 1 (Strong Buy) but that could change following its second quarter 2018 earnings report which has just released. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Northrop Grumman surpassed earnings estimates. Earnings per share came in at $3.93 compared to the Zacks Consensus Estimate of $3.83.
Revenue: Revenues of $7.1 billion also exceeded the Zacks Consensus Estimate of $7 billion.
Key Stats: Aerospace Systems segment witnessed 11% sales growth whereas its Mission Systems segment witnessed 1% growth.
Stock Price: It would be interesting to see how the market reacts to the results during the trading session today.
Check back later for our full write up on this NOC earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>