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Northrop Grumman Corp. Reports Advance In Q1 Profit

Northrop Grumman Corp. (NOC) reported earnings for its first quarter that advanced from last year.

The company's earnings totaled $863 million, or $5.06 per share. This compares with $840 million, or $4.79 per share, in last year's first quarter.

The company's revenue for the quarter rose 21.5% to $8.19 billion from $6.74 billion last year.

Northrop Grumman Corp. earnings at a glance:

-Earnings (Q1): $863 Mln. vs. $840 Mln. last year.
-EPS (Q1): $5.06 vs. $4.79 last year.
-Revenue (Q1): $8.19 Bln vs. $6.74 Bln last year.

Full year EPS guidance: $18.90 - $19.30
Full year revenue guidance: $34 Bln

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