While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Sales- Mission Systems: $2.77 billion versus the five-analyst average estimate of $2.80 billion. The reported number represents a year-over-year change of +5%. Sales- Aeronautics Systems: $2.96 billion compared to the $2.80 billion ...

Northrop Grumman (NOC) came out with quarterly earnings of $6.36 per share, beating the Zacks Consensus Estimate of $5.95 per share. This compares to earnings of $5.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.89%. A quarter ago, it was expected that this defense contractor would post earnings of $5.83 per share when it actually produced earnings of $6.32, delivering a surprise of 8.40%. Over the last four quarters, t ...

News Release Contact: Cindy Anderson (Media) 571-550-1814 cindy.anderson@ngc.com • Net awards of $15.1 billion; book to bill of 1.5x • Sales increase 7 percent to $10.2 billion • Operating income increases 13 percent driven by strong performance and cost efficiencies • Diluted earnings per share increase 19 percent to $6.36 • Operating cash flow of $1.4 billion; free cash flow increases 80 percent to $1.1 billion • Company raises 2024 sales guidance to $41.0 - $41.4 billion and MTM-adjusted EPS guidance to ...

Northrop Grumman Corporation (NOC) is scheduled to report second-quarter 2024 results on Jul 25, before market open. The company delivered a four-quarter average earnings surprise of 6.09%. The strong revenue performance across each of its segments is likely to have contributed to its earnings. However, high interest expenses might have partially weighed on the bottom line. Aeronautics Systems to Boost the Top Line Higher sales volumes from restricted programs, sustainment and production contracts for F-35 ...

Visiongain has published a new report entitled Robotic Warfare Market Report 2024-2034: Forecasts by Technology (Autonomous Systems, Semi-Autonomous Systems, Remote-Controlled Systems), by Enduser (Defence Forces, Law Enforcement, Homeland Security, Other), by Application (Intelligence, Surveillance, and Reconnaissance (ISR), Combat & Operations, Explosive Ordnance Disposal (EOD), Logistics & Support, Search and Rescue), by Type ((Unmanned Ground Vehicles (UGVs), Autonomous Tanks, Unmanned Aerial Vehicles ( ...

Space stocks represent a rapidly expanding sector where innovation meets investment. As a result, they offer groundbreaking opportunities in an industry poised for exponential growth. With the global space economy projected to multiply in the coming decades, now is an opportune time to consider space-related stocks. The space economy includes applications like satellites, launchers, and broadcast services. It also directly impacts applications where space technology supports other industries, such as GPS fo ...

Northrop Grumman Corp.'s (NOC) business segment, Northrop Grumman Systems, recently clinched a contract involving its E-2D Advanced Hawkeye aircraft. The award has been provided by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA. Details of the Deal Valued at $41 million, the contract is projected to be completed by July 2030. Per the terms of the deal, Northrop will procure four E-2D rotodome spares to enhance the E-2D advance capabilities used on the E-2D Advanced Hawkeye jets. W ...

NOC's Growth Prospects Details of the Deal What's Favoring Northrop? Through its effective radar sensor and robust network-enabled capability, the Advanced Hawkeye aircraft provides critical, actionable data to joint forces and first responders. This must have prompted the Morder Intelligence firm to project a CAGR of 3.7% for the global fighter aircraft market in the 2024-2029 period. Such growth prospects should benefit Northrop as its product portfolio offers a wide range of manned and unmanned aircraft ...

FALLS CHURCH, Va., June 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its second quarter 2024 financial results will be posted on its investor relations website on July 25, 2024. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website a ...

FALLS CHURCH, Va., June 20, 2024 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) announced today that its second quarter 2024 financial results will be posted on its investor relations website on July 25, 2024. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company's website a ...