Plus   Neg

Northrop Grumman Corp. Reveals Rise In Q3 Bottom Line

Northrop Grumman Corp. (NOC) revealed a profit for its third quarter that rose from last year.

The company's profit totaled $986 million, or $5.89 per share. This compares with $933 million, or $5.49 per share, in last year's third quarter.

Analysts had expected the company to earn $5.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.1% to $9.08 billion from $8.48 billion last year.

Northrop Grumman Corp. earnings at a glance:

-Earnings (Q3): $986 Mln. vs. $933 Mln. last year.
-EPS (Q3): $5.89 vs. $5.49 last year.
-Analysts Estimate: $5.64
-Revenue (Q3): $9.08 Bln vs. $8.48 Bln last year.

Full year EPS guidance: $22.25 - $22.65
Full year revenue guidance: $35.70 - $36.00 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT