Shares of Northrop Grumman Corporation (NOC) are falling about 6 percent on Tuesday morning trading despite reporting higher earnings and revenue in the first quarter.
The company's stock is currently trading at $616.97, down 6.09 percent or $40.01, over the previous close of $656.98 on the New York Stock Exchange. It has traded between $450.13 and $774.00 in the past one year.
For the quarter, the company reported earnings of $875 million, or $6.14 per share, compared with $481 million, or $3.32 per share, last year. Revenue totaled $9.881 billion from $9.468 billion in the prior year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.