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Northrop Grumman Corp. Q1 Earnings Rise

Northrop Grumman Corp. (NOC) released a profit for its first quarter that rose from the same period last year.

The company's earnings totaled $868 million, or $5.15 per share. This compares with $863 million, or $5.06 per share, in last year's first quarter.

Analysts had expected the company to earn $5.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.3% to $8.62 billion from $8.19 billion last year.

Northrop Grumman Corp. earnings at a glance:

-Earnings (Q1): $868 Mln. vs. $863 Mln. last year.
-EPS (Q1): $5.15 vs. $5.06 last year.
-Analysts Estimate: $5.51
-Revenue (Q1): $8.62 Bln vs. $8.19 Bln last year.

-Guidance:
Full year EPS guidance: $21.80 - $22.20
Full year revenue guidance: $35,000 - 35,400 Mln

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