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Northrop Grumman Raises 2018 EPS Guidance - Quick Facts

Northrop Grumman Corp. (NOC) announced, for 2018, the company now expects earnings per share in a range of $18.75 — $19.00, up from prior guidance range of $16.60 — $16.85. The company's sales guidance remains unchanged at approximately $30.00 billion.

For the third-quarter, EPS increased 78 percent to $6.54. The company noted that its third quarter included the first full quarter of Innovation Systems results. Sales were up 23 percent to $8.1 billion, due to the acquisition of Innovation Systems and higher sales at Aerospace Systems and Mission Systems, partially offset by lower sales at Technology Services.

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