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Northrop Grumman (NOC) Climbed To A New High On Better Than Expected Q4 Profit

Northrop Grumman Corp. (NOC) reported fourth quarter adjusted EPS of $2.82 Thursday morning, which topped the consensus estimate of $2.74.

Northrop Grumman gapped up at the open Thursday and climbed for the bulk of the morning. Shares finished with a gain of 11.54 at $325.00 on above average volume. The stock broke out of nearly a 2-week trading range and set a new high for the year.

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